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

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market experienced a notable slowdown, with total sales dropping to just 1 transaction, a 50% decrease compared to the same month last year. Active listings rose to 20, resulting in a months of inventory (MOI) of 7.1, indicating a shift towards a buyer's market.

Market Analysis

The Greater San Diego real estate market is currently characterized by a significant imbalance between supply and demand. With only 1 sale recorded in June 2026, the total sales volume has halved compared to June 2025, when there were 2 sales. The increase in active listings from 15 in June 2025 to 20 this month, coupled with a months of inventory rising from 5.9 to 7.1, suggests that buyers are gaining more negotiating power as inventory levels increase. The sales-to-new-listing ratio (SNLR) stands at 20.0%, further indicating that the market is favoring buyers as they have more options available to them.

Property Type Analysis

In June 2026, the detached property segment accounted for the sole sale in the market, while attached and townhouse properties saw no transactions. The lack of sales in the attached category reflects a broader trend of reduced buyer activity across property types. With 3 new detached listings and 2 new attached listings introduced this month, the overall inventory remains relatively stable, but the demand for detached homes appears to be more resilient compared to attached properties.

Regional Highlights

Focusing on the Pauma Valley area (zip code 92061), the market shows some unique characteristics. The region recorded 3 new detached listings and 2 attached listings, with a median price of $715,000 for detached homes, which is down 23.2% year-over-year. The inventory of detached homes stands at 13, with a months supply of 7.1, indicating a slower pace of sales and a growing inventory that may affect future pricing strategies.

For Buyers

For buyers in the Greater San Diego area, this is an opportune time to enter the market, as increased inventory provides a wider selection of homes. Buyers should take advantage of the current buyer's market by negotiating favorable terms and considering properties that may have been overlooked in a more competitive environment.

For Sellers

Sellers are advised to approach the current market conditions with caution. With rising inventory levels and a significant decrease in sales, it is essential to price homes competitively and be prepared for longer days on the market. Enhancing property appeal through staging and minor renovations can also help attract potential buyers in this challenging environment.