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 exhibits a balanced condition with 57 total sales, a notable 20.5% increase from the previous year. New listings totaled 64, while active listings decreased to 189, maintaining a months of inventory at 4.0.

Market Analysis

The Greater San Diego real estate market continues to show resilience, with total sales rising from 44 in July 2025 to 57 this year. Despite a slight decline in active listings from 205 a year ago, the market remains balanced, as indicated by the stable months of inventory at 4.0. The sales-to-new-listings ratio (SNLR) stands at 89.1%, suggesting that demand is keeping pace with new supply, which is a positive sign for both buyers and sellers.

Property Type Analysis

In July 2026, detached homes accounted for the majority of sales with 47 transactions, while attached homes, including townhouses, saw 10 sales. The detached market remains robust, reflecting a strong demand for single-family homes, while the attached segment has also experienced growth, evidenced by a 66.7% increase in closed sales year-over-year.

Regional Highlights

The Fallbrook area, represented by ZIP code 92028, shows promising trends with 47 closed sales of detached homes, a 20.5% increase from last year. The median price for detached homes in this region is $978,572, indicating a competitive market where homes are selling at 98.3% of their list price, further emphasizing the demand for quality properties in desirable neighborhoods.

For Buyers

Prospective buyers are encouraged to act promptly, as the current market conditions indicate a healthy competition for available properties. With a balanced market and a sales-to-new-listings ratio of 89.1%, buyers should be prepared to make competitive offers, particularly on well-priced homes.

For Sellers

Sellers should take advantage of the current market dynamics by pricing their homes competitively to attract buyers quickly. With new listings at 64 and a strong year-over-year sales increase, presenting a property in excellent condition can lead to favorable outcomes in terms of sale price and time on the market.