Greater San Diego Association of REALTORS® Reports Strong June 2026 Market Activity

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market experienced a significant increase in sales, with a total of 26 transactions, marking a 108.3% year-over-year growth. The number of active listings decreased slightly to 52, contributing to a seller's market with a months of inventory at 3.2.

Market Analysis

The San Diego real estate market remains robust as demand continues to outpace supply. With 26 total sales in June, the market shows a marked improvement from the 15 sales recorded in May 2026 and a notable increase from just 12 sales in June 2025. The strong sales figures, coupled with a sales-to-new-listing ratio (SNLR) of 144.4%, indicate that homes are being absorbed quickly, reinforcing the competitive nature of the current market environment. The months of inventory has slightly decreased from 3.3 in May to 3.2 in June, suggesting that while new listings are entering the market, they are not sufficient to meet buyer demand.

Property Type Analysis

In June, detached homes dominated the market with 25 sales, while attached properties, including townhouses, accounted for only 1 sale. The median price for detached homes was reported at $1,150,000, reflecting a 96.4% of the list price and a days on market (DOM) of 48 days. The attached market, while smaller, showed a median price of $705,000, with a DOM of 46 days, indicating that even though fewer attached properties are available, they are also selling relatively quickly.

Regional Highlights

The Escondido West area, represented by the 92029 ZIP code, continues to show promising trends, with 18 new listings and 14 pending sales in June. The inventory remains tight, with only 49 active detached homes available, leading to a months supply of 3.2. This reflects a slight decrease in inventory from the previous month and year, indicating a consistent demand for homes in this region.

For Buyers

Prospective buyers should act swiftly in the current market, as the high sales-to-new-listing ratio suggests that homes are selling quickly. It is advisable to get pre-approved for financing and to be prepared to make competitive offers, as the limited inventory may lead to multiple offers on desirable properties.

For Sellers

Sellers are in a favorable position in the current market, with strong demand and a low months of inventory. To maximize their sale price, sellers should consider pricing their homes competitively and ensuring they are in good condition to attract buyers quickly. Engaging a knowledgeable REALTOR® can help navigate the selling process effectively.