Greater San Diego Association of REALTORS® Reports Steady Sales in May 2026

Greater San Diego Association of REALTORS® — May 2026

In May 2026, the Greater San Diego real estate market recorded 33 total sales, a 7.4% increase from 29 sales in May 2025. New listings rose to 45, while active listings remained stable at 68, indicating a competitive market for sellers.

Market Analysis

The San Diego real estate market continues to show resilience, with a sales-to-new-listings ratio (SNLR) of 73.3%, reflecting strong buyer demand amid limited inventory. The months of inventory stands at 2.0, suggesting that homes are selling quickly, which is characteristic of a seller's market. The total sales for May 2026, while slightly down from April's 34, still demonstrate a year-over-year increase, indicating sustained interest in the market despite fluctuations in monthly activity.

Property Type Analysis

Sales of detached homes dominate the market, with 29 transactions recorded in May 2026, compared to just 4 for attached/townhouse properties. The disparity in sales figures highlights the ongoing preference for detached homes among buyers, likely driven by factors such as space and privacy. The attached market, while smaller, has shown a remarkable year-over-year increase in closed sales, suggesting potential growth opportunities for this segment.

Regional Highlights

In the Escondido East area (zip code 92027), the market remains robust, with 29 closed sales and a median price of $910,000, reflecting a 13.8% increase year-over-year. The inventory in this region is tight, with only 51 homes available, contributing to a competitive environment for buyers. The attached market in the same area has also seen a notable increase in median price, reaching $597,500, up 27.1% from the previous year, indicating growing demand for these properties.

For Buyers

Prospective buyers are encouraged to act swiftly in the current market, where inventory is limited and homes are selling quickly. With a sales-to-new-listings ratio of 73.3%, buyers should be prepared to make competitive offers to secure their desired properties.

For Sellers

Sellers are in a favorable position with the current market dynamics, characterized by low inventory and high demand. Listing homes at competitive prices can attract multiple offers, potentially leading to quicker sales and favorable terms. It is advisable for sellers to work closely with their REALTORS® to effectively market their properties.