Greater San Diego Association of REALTORS® Market Report: July 2026

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market experienced a total of 30 sales, reflecting a 15.4% decrease compared to the same month last year. The inventory of active listings rose to 71, with new listings totaling 46, indicating a competitive environment favoring sellers.

Market Analysis

The current market conditions in Greater San Diego indicate a seller's market, with a months of inventory (MOI) of 2.4. This is an increase from 1.9 in June 2026, suggesting that while inventory is rising, demand remains robust enough to keep the market in favor of sellers. The sales-to-new-listings ratio (SNLR) stands at 65.2%, indicating that a significant portion of new listings is being absorbed by the market, albeit at a slower pace than in previous months.

Property Type Analysis

Sales for detached homes accounted for the majority of transactions in July, with 22 sales recorded. In contrast, attached properties, including townhouses, saw 8 sales. The disparity in sales volume between property types reflects ongoing buyer preferences, with detached homes continuing to dominate the market despite a slight overall decline in sales year-over-year.

Regional Highlights

Regionally, the Escondido East area shows a mixed performance with 22 closed sales for detached homes and a median price of $870,000, which is a 1.2% increase year-over-year. Attached properties in the same region have seen a notable increase in closed sales, up 100% year-over-year, although the median price has decreased by 11.3% to $430,000, indicating shifting buyer dynamics and preferences.

For Buyers

Prospective buyers are encouraged to act promptly, as the current market conditions favor sellers. With a limited inventory and a strong absorption rate, buyers should be prepared to make competitive offers on properties that meet their needs. Conducting thorough research and being pre-approved for financing can enhance their chances of securing a desired home.

For Sellers

Sellers in the Greater San Diego market should take advantage of the current seller-favorable conditions by pricing their homes competitively and ensuring they are in excellent condition for showings. With a steady demand and a relatively low months of inventory, well-prepared listings are likely to attract multiple offers, potentially leading to favorable sale prices.