Greater San Diego Association of REALTORS® Reports May 2026 Market Trends

Greater San Diego Association of REALTORS® — May 2026

In May 2026, the Greater San Diego real estate market experienced a significant uptick in sales, with total transactions rising to 2, a 100% increase from the same month last year. Active listings rose to 12, resulting in a months of inventory figure of 6.8, indicating a buyer's market.

Market Analysis

The San Diego real estate market is currently characterized by a modest supply of homes, with 12 active listings available. The months of inventory at 6.8 suggests that buyers have a reasonable selection, although the market remains competitive. The sales figure of 2 represents a notable increase from April 2026, where only 1 sale was recorded, indicating a potential upward trend in buyer activity. The sales year-over-year change of 100% further underscores the growing interest in the market, despite the limited inventory.

Property Type Analysis

In May 2026, all sales were concentrated in the detached property segment, which accounted for 2 closed transactions. The attached and townhouse categories saw no sales this month, reflecting a potential gap in available inventory for these property types. This trend highlights the preference for detached homes among buyers in the current market, as they navigate limited options.

Regional Highlights

The Palomar Mountain area, specifically zip code 92060, has shown a dynamic shift in the real estate landscape. The number of new listings stands at 3, with a pending sale indicating ongoing buyer interest. The median days on market for closed sales is 110, suggesting that while properties are selling, they may require time to attract buyers in the current market conditions.

For Buyers

Prospective buyers are encouraged to act decisively as the market shows signs of increased activity. With a limited number of active listings, buyers should be prepared to make competitive offers, especially on detached homes, which are currently the most sought-after property type.

For Sellers

Sellers in the Greater San Diego area should consider pricing their homes competitively to attract the current pool of motivated buyers. With a months of inventory figure at 6.8, it is essential to present properties well and be open to negotiations to capitalize on the growing interest in the market.