Greater San Diego Association of REALTORS® Reports Strong July 2026 Market with 18.5% Sales Increase

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market experienced a notable increase in sales, with a total of 56 properties sold, reflecting an 18.5% year-over-year growth. The market remains competitive, characterized by a low inventory of 93 active listings and a months of inventory (MOI) of just 1.3.

Market Analysis

The Greater San Diego real estate market continues to favor sellers, as evidenced by the strong sales figures and a seller's market condition. With only 93 active listings available, the low inventory has resulted in a sales-to-new-listings ratio (SNLR) of 96.6%, indicating that nearly all new listings are being absorbed quickly. This trend is a significant shift from July 2025, when the market had 116 active listings and a MOI of 2.1, suggesting a tightening of supply over the past year.

The increase in sales from 49 in June 2026 to 56 in July 2026 further underscores the growing demand in the market. The current months of inventory at 1.3 indicates a brisk pace of sales, with properties moving off the market faster than they are being listed. This trend is likely to continue as buyers compete for limited options, driving prices upward in the coming months.

Property Type Analysis

In July 2026, detached homes accounted for the majority of sales, with 32 properties sold, while attached homes and townhouses contributed 24 sales. The median price for detached homes is reported at $995,000, reflecting a year-over-year increase of 5.6%. In contrast, the attached market has seen a decline in median prices, down 17.9% year-over-year, which may indicate a shift in buyer preference or market dynamics affecting this segment.

The disparity in performance between detached and attached properties suggests that buyers are gravitating towards single-family homes, likely due to the perceived value and space they offer. This trend may continue as families and individuals seek more room in the wake of changing lifestyle preferences post-pandemic.

Regional Highlights

Regionally, the 92056 zip code, encompassing Oceanside East, shows strong performance with 32 closed sales of detached homes and a median price of $995,000. The area's inventory remains tight, with just 37 homes available, contributing to a MOI of 1.3. The attached market in the same region has seen 24 closed sales with a median price of $628,000, although this segment has experienced a decline in year-over-year performance, indicating potential opportunities for buyers in this category.

Overall, the Greater San Diego area reflects a robust real estate environment, with certain regions outperforming others. The competitive landscape is likely to drive continued interest from buyers, particularly in the detached home market, while the attached segment may present opportunities for negotiation due to its slower pace.

For Buyers

For prospective buyers, the current market conditions necessitate a proactive approach. With low inventory levels and high competition, it is advisable to be prepared to act quickly when a desirable property becomes available. Buyers should consider getting pre-approved for financing to strengthen their offers and be ready to negotiate effectively in this seller's market.

For Sellers

Sellers are in a favorable position in the current market, with strong demand and limited inventory. To maximize their sale price, it is essential for sellers to present their homes well and price them competitively. Engaging a knowledgeable REALTOR® can provide valuable insights into pricing strategies and marketing efforts that can further enhance the appeal of their property.