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 notable decline in sales, with only 1 property sold compared to 3 in June and 2 in July 2025. The active listings decreased to 6, resulting in a months of inventory (MOI) of 3.2, indicating a seller's market.

Market Analysis

The San Diego real estate market is currently characterized by a significant drop in sales, reflecting a 50% year-over-year decrease from July 2025. The lack of new listings, with none reported this month, has contributed to a tighter inventory, which now stands at 6 active listings. This limited supply, combined with a relatively low sales volume, suggests that sellers hold a stronger position in negotiations, as buyers face fewer options in the market.

Property Type Analysis

In July, the detached property segment saw 1 sale, while attached and townhouse properties reported no sales. The absence of new listings across all property types has resulted in a stagnant market, particularly for attached properties, which remain unlisted. This trend highlights the ongoing challenges in the market, where demand for detached homes persists amid limited supply.

Regional Highlights

Regionally, the 92060 area of Palomar Mountain reflects similar trends, with 1 closed sale and an inventory of 6 properties. The median price for detached homes in this area is reported at $485,000, with properties selling at approximately 89% of the list price. This area has also seen a significant year-over-year increase in median price, up 83%, indicating a strong demand for available listings despite the overall decline in sales volume.

For Buyers

Prospective buyers should remain vigilant in the current market, as inventory is limited and competition for available properties may be high. It is advisable to act quickly when a suitable property becomes available, and to be prepared for potential bidding situations, given the current seller's market dynamics.

For Sellers

Sellers are encouraged to capitalize on the current market conditions by pricing their properties competitively and ensuring they are well-prepared for showings. With limited active listings, sellers have an opportunity to attract buyers who are eager to purchase in a constrained market, but they should also be mindful of the overall economic climate and buyer sentiment.