Greater San Diego REALTORS®: April 2026 Market Sees Sales Dip 24.3% Year-Over-Year Amidst Seller's Market Conditions

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market experienced a notable decline in sales during April 2026, with total sales reaching 37, a 24.3% decrease compared to April 2025. Despite the dip in transactions, the market remains characterized as a seller's market, according to figures released by the Greater San Diego Association of REALTORS®.

Market Analysis

Total sales in April 2026 registered 37 transactions, a decrease from 45 sales in March 2026 and 47 sales in April 2025. New listings for the month totaled 54, contributing to an active listings count of 92. The Sales-to-New-Listings Ratio (SNLR) stood at 68.5%, indicating strong absorption of new inventory.

The market continues to favor sellers, with Months of Inventory (MOI) at 2.2 months. This figure is slightly higher than March 2026's 2.1 months but lower than April 2025's 2.3 months, reflecting a consistently tight supply environment. The sustained low inventory levels underscore the competitive landscape for buyers.

Property Type Analysis

A breakdown by property type reveals that detached homes accounted for 28 sales in April 2026, while attached/townhouse properties recorded 9 sales. This distribution highlights the continued demand across various housing segments within the Greater San Diego area.

In the Escondido North (92026) zip code, detached homes saw 28 closed sales with a median price of $905,000, representing a 6.5% increase year-over-year. These homes spent an average of 33 days on market and sold for 99% of their list price. Attached properties in the same area recorded 9 closed sales with a median price of $477,000, a 21.2% decrease from the prior year. Attached homes had a slightly longer average of 40 days on market and sold for 101% of their list price.

Regional Highlights

Regional data from Escondido North (92026) provides further insight into market dynamics. Detached homes in this specific area experienced a 24.3% year-over-year decline in closed sales, mirroring the broader regional trend. Conversely, attached homes in Escondido North saw an 18.2% year-over-year decrease in closed sales.

The contrasting median price trends in Escondido North, with detached homes appreciating and attached homes depreciating year-over-year, suggest varying demand and supply pressures within different property segments even within localized markets. Months of supply in Escondido North were 2.2 for detached homes and 2.7 for attached homes, both indicative of a seller's market.

For Buyers

In a seller's market characterized by low inventory and strong absorption, prospective buyers in Greater San Diego should be prepared to act decisively. Securing pre-approval for financing, understanding local market nuances, and being ready to make competitive offers are crucial steps. Flexibility on property features and location can also enhance opportunities.

For Sellers

With the market favoring sellers and Months of Inventory remaining low at 2.2 months, homeowners considering selling in Greater San Diego are well-positioned. Strategic pricing, professional staging, and high-quality marketing are essential to maximize interest and potential offers. Sellers should be prepared for a relatively quick sale process, especially for well-presented properties.