Greater San Diego Association of REALTORS®: April 2026 Market Sees Balanced Conditions Amidst Limited Sales Activity

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego Association of REALTORS® reports a balanced market for April 2026, characterized by limited sales activity. The region recorded 1 total sale during the month, with 2 new listings entering the market and 10 active listings available. Months of inventory stands at 5.3, reflecting current supply and demand dynamics.

Market Analysis

The Greater San Diego market maintains a balanced condition in April 2026, as indicated by a Months of Inventory (MOI) of 5.3. This figure is slightly lower than March 2026's MOI of 5.6 and a notable decrease from April 2025's 6.4 MOI, suggesting a gradual tightening of the market over the past year despite low sales volume. Active listings remained consistent at 10 properties for April 2026, matching both the prior month and prior year.

Sales activity for April 2026 was minimal, with only 1 total sale recorded by the Greater San Diego Association of REALTORS®. This matches the sales volume from April 2025 but represents a decrease from the 2 sales observed in March 2026. New listings for the month totaled 2, contributing to the steady active listing count. Given the extremely low number of sales, percentage changes in sales volume are not meaningful indicators of market shifts.

The Sales-to-New-Listings Ratio (SNLR) for April 2026 stands at 50.0%, indicating that half of the new listings resulted in a sale within the reporting period. This metric, alongside the stable active listings and MOI, reinforces the assessment of a balanced market, where neither buyers nor sellers hold a significant advantage.

Property Type Analysis

Detached homes accounted for the sole sale in April 2026, with 1 property sold. This segment also saw 2 new listings and maintained an inventory of 10 properties, resulting in a months' supply of 5.3. The median price for detached homes was $109,900, with properties selling at 100% of their list price and spending 0 days on market, suggesting strong buyer interest for available detached inventory.

In contrast, the attached/townhouse segment recorded no sales, no new listings, and zero inventory for April 2026. This highlights a significant disparity in activity between property types, with the detached market being the primary driver of the limited transactions observed.

Regional Highlights

The specific market analyzed within the Greater San Diego Association of REALTORS® jurisdiction demonstrates unique dynamics. With only 1 sale and 2 new listings, the market activity remains exceptionally low. The consistent active listing count of 10 properties across prior periods suggests a stable, albeit limited, inventory pool.

Despite the low transaction volume, the market's balanced condition, as indicated by the 5.3 Months of Inventory, suggests that supply and demand are relatively aligned for the available properties. The swift sale of the single detached home at 100% of list price and 0 days on market points to specific demand for well-priced properties in this limited inventory environment.

For Buyers

Buyers in this market should be prepared for limited inventory, particularly in the detached segment where properties can move quickly. While the market is balanced, the low number of available homes means that desirable properties, especially those priced competitively, may attract immediate attention. Consulting with a REALTOR® is crucial to identify new listings promptly and navigate the specific conditions of this market.

For Sellers

Sellers entering this market should recognize the low overall sales volume but also the potential for quick transactions if their property is well-positioned. With only 2 new listings in April and a detached home selling at 100% of list price with 0 days on market, strategic pricing and presentation are paramount. Working with a REALTOR® to accurately price and market a home can capitalize on the existing demand for quality inventory.