Greater San Diego Association of REALTORS®: April 2026 Market Sees Sales Dip 20% Year-Over-Year Amidst Seller's Market

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market experienced a notable shift in April 2026, with total sales reaching 17, marking a 20.0% decrease compared to the previous year. Despite the dip in sales, the market remains characterized by seller-favorable conditions, with months of inventory at 2.1.

Market Analysis

Total sales reported by the Greater San Diego Association of REALTORS® for April 2026 stood at 17, reflecting a 20.0% decline compared to April 2025. This also represents a slight decrease from the 19 total sales recorded in March 2026.

Active listings saw an increase, reaching 72 in April 2026, up from 69 in March 2026 and significantly higher than the 52 active listings in April 2025. New listings for the month totaled 44. The market's Months of Inventory (MOI) was 2.1, indicating a slight increase from 1.9 in March 2026 but still below the 2.3 MOI from April 2025. The Sales-to-New-Listings Ratio (SNLR) was 38.6%, reinforcing the prevailing seller's market conditions.

Property Type Analysis

A breakdown by property type reveals that detached homes accounted for the majority of sales in April 2026, with 12 transactions. Attached homes, including townhouses, recorded 5 sales during the same period.

Regional Highlights

In the Escondido South (92025) submarket, detached homes saw 28 new listings and 12 closed sales in April 2026, with a median price of $1,210,000 and an average of 29 days on market. The months of supply for detached homes in this area was 2.1, aligning with the broader seller's market trend. Closed sales for detached homes in Escondido South were down 20% year-over-year.

For attached properties in Escondido South, there were 16 new listings and 5 closed sales. The median price for attached homes was $425,000, with properties spending an average of 129 days on market. The months of supply for attached homes in this specific area was 6, indicating a more balanced market for this property type compared to detached homes.

For Buyers

In a seller's market characterized by limited inventory and quick sales, prospective buyers should be prepared to act decisively. Securing pre-approval for financing and understanding market values are crucial steps to strengthen offers and navigate competitive situations effectively.

For Sellers

Sellers continue to hold an advantageous position in the current market. To maximize potential, sellers should focus on professional staging and competitive pricing to attract serious buyers. Working with a REALTOR® can provide valuable insights into market demand and optimal listing strategies.