Greater San Diego Association of REALTORS® Reports Balanced Market Conditions for July 2026

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market saw a total of 43 sales, a decrease of 25.9% compared to the same month last year. New listings increased to 75, contributing to a balanced market with 173 active listings and 4.0 months of inventory.

Market Analysis

The San Diego real estate market remains balanced as of July 2026, with a steady influx of new listings and a slight decline in total sales. The total sales figure of 43 represents a notable decrease from the 55 sales recorded in July 2025, indicating a shift in buyer activity year-over-year. Despite the drop in sales, the increase in new listings to 75 suggests that sellers are responding to market conditions, helping to maintain a balanced inventory level of 173 active listings.

Property Type Analysis

In July, detached homes accounted for 20 sales, while attached homes and townhouses saw 23 sales. The performance of attached properties appears more resilient, with a year-over-year sales decline of 17.9%, compared to the 25.9% decline in detached sales. This trend indicates a potential shift in buyer preference towards more affordable attached housing options amidst rising interest rates and economic uncertainties.

Regional Highlights

The La Jolla area, a key segment of the Greater San Diego market, reported 20 closed sales for detached homes with a median price of $3,587,500, reflecting a competitive market with a list-to-sale price ratio of 95.9%. In contrast, attached properties in the same region had a median price of $1,345,000, with a slightly higher year-over-year price increase of 9.8%, suggesting a growing demand for lower-priced housing options in desirable neighborhoods.

For Buyers

Buyers are encouraged to act strategically in the current market environment. With 4.0 months of inventory available, there are opportunities to negotiate favorable terms, especially for attached properties, which are showing more resilience in sales. It's advisable for buyers to remain informed about market trends and to work closely with a knowledgeable REALTOR® to identify suitable properties.

For Sellers

Sellers should consider pricing their homes competitively to attract potential buyers in a balanced market. With an increase in new listings, it is essential to highlight unique features and ensure properties are well-presented to stand out. Collaborating with a REALTOR® can provide valuable insights into pricing strategies and marketing approaches to maximize exposure.