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 19 sales, a decrease of 5.0% compared to the same month last year. New listings rose to 26, while active listings decreased to 44, resulting in a months of inventory of 2.6, indicating a seller's market.

Market Analysis

The San Diego real estate market continues to show signs of a seller's advantage, with a strong sales-to-new-listings ratio of 73.1%. Despite a year-over-year decline in total sales, the decrease in active listings suggests that demand remains relatively stable, with buyers competing for a limited number of properties. The months of inventory at 2.6 indicates that homes are selling quickly, reinforcing the seller's market conditions.

Property Type Analysis

The detached property segment remains the sole active category in July, with all 19 sales occurring in this segment. The attached and townhouse markets saw no sales, highlighting a potential gap in inventory for these types of properties. The lack of activity in attached properties may indicate a need for more diverse offerings to meet buyer demand in the region.

Regional Highlights

In the Escondido West area (zip code 92029), the market reflects similar trends, with 19 closed sales and a median price of $1,375,000. The inventory in this region stands at 41, with a months supply of 2.6, suggesting that homes are being absorbed at a steady pace. The year-over-year median price has seen a slight decrease of 4.7%, indicating a softening in pricing, yet still maintaining a competitive market environment.

For Buyers

Prospective buyers in the current market should act quickly, as homes are selling at a rapid pace with limited inventory. It is advisable to be prepared with pre-approval for financing and to have a clear understanding of their budget, as competition for available properties remains high.

For Sellers

Sellers are encouraged to price their homes competitively to attract buyers in this active market. With a strong sales-to-new-listings ratio, presenting a well-maintained property can lead to quicker sales and potentially favorable offers. Engaging a knowledgeable REALTOR® can provide valuable insights and strategies for maximizing sale potential.