Greater San Diego Association of REALTORS®: April 2026 Market Report Shows Sales Surge, Balanced Conditions

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market experienced a notable increase in sales activity in April 2026, with total sales reaching 16, a 36.4% rise compared to the previous year. The market maintained a balanced condition, characterized by 5.9 months of inventory, according to figures released by the Greater San Diego Association of REALTORS®.

Market Analysis

The Greater San Diego housing market demonstrated a balanced environment in April 2026, with 5.9 months of inventory. This figure represents an increase from 4.7 months in March 2026 but a significant decrease from 8.5 months recorded in April 2025, indicating a tightening of supply compared to the prior year.

Total sales volume saw a substantial year-over-year increase, rising by 36.4% to 16 transactions compared to 13 sales in April 2025. Month-over-month, sales also surged, climbing from 9 transactions in March 2026. New listings totaled 30 for the month, while active listings stood at 85, an increase from 70 active listings in the prior month but a decrease from 106 active listings in April 2025.

The Sales-to-New-Listings Ratio (SNLR) for April 2026 was 53.3%, suggesting that over half of new listings are being absorbed by buyers, contributing to the balanced market conditions observed by the Greater San Diego Association of REALTORS®.

Property Type Analysis

A detailed look at property types reveals distinct trends within the market. Detached homes accounted for the vast majority of sales in April 2026, with 15 transactions. The median price for detached homes was $4,575,000, experiencing a year-over-year decrease of 10.8%. These properties spent an average of 41 days on the market and sold for 96.4% of their original list price, with a months' supply of 5.9.

In contrast, the attached/townhouse segment recorded 1 sale during April 2026. This single transaction closed at a median price of $2,495,000, marking an 18.1% increase in median price year-over-year. Attached properties demonstrated swift movement, selling in just 3 days on the market for 100% of their list price, with a months' supply of 3, as reported by the Greater San Diego Association of REALTORS®.

Regional Highlights

The Greater San Diego region, as reflected in April 2026 data, shows a market adapting to evolving supply and demand. The increase in total sales year-over-year suggests renewed buyer confidence, while the rise in active listings month-over-month indicates a gradual replenishment of available properties. The balanced market condition, with 5.9 months of inventory, points to a stable environment for both buyers and sellers.

Despite the overall balanced market, the significant year-over-year sales growth of 36.4% highlights a dynamic shift in transaction volume. This growth, coupled with a moderate increase in active listings from the prior month, suggests a healthy absorption rate for new inventory across the region, according to figures from the Greater San Diego Association of REALTORS®.

For Buyers

In a balanced market with increasing inventory compared to the prior month, buyers in the Greater San Diego area may find more opportunities and potentially less intense competition. It is advisable for prospective buyers to work closely with a REALTOR® to identify properties that align with their needs and to understand specific sub-market conditions, especially given the varied performance seen across property types.

For Sellers

Sellers in the Greater San Diego market can take advantage of the increased sales activity and balanced conditions. While detached median prices have seen a year-over-year adjustment, properties are still moving, with some selling close to or at list price. Pricing strategically based on current market comparables and property type specifics, along with professional staging, can optimize outcomes in this environment, as advised by the Greater San Diego Association of REALTORS®.