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 recorded a total of 15 sales, reflecting an 11.8% decrease compared to the same month last year. New listings increased to 20, while active listings remained stable at 97, resulting in 6.4 months of inventory, indicating a buyer's market.

Market Analysis

The Greater San Diego real estate market continues to show signs of adjustment as total sales decrease from 16 in July 2025 to 15 this month. The increase in new listings, from 10 in June to 20 in July, suggests that sellers are responding to current market conditions. However, the inventory levels have not significantly changed, remaining at 97 active listings, which indicates that while supply is increasing, demand is not keeping pace, leading to a buyer's market characterized by 6.4 months of inventory.

Property Type Analysis

The market for detached properties remains the sole focus this month, with all 15 sales occurring in this category. There were no sales recorded for attached or townhouse properties, highlighting a potential gap in buyer interest or availability in these segments. The absence of activity in attached properties may suggest that buyers are currently prioritizing detached homes, possibly due to preferences for space and privacy.

Regional Highlights

In the Rancho Santa Fe area (zip code 92067), the detached market saw 15 closed sales with a median price of $5,500,000, reflecting a 14.6% increase year-over-year. The months of supply in this region stands at 6.4, indicating a balanced market, while the percentage of list price received is at 92.7%, suggesting that sellers are still achieving favorable outcomes despite the overall decrease in sales volume.

For Buyers

Buyers are encouraged to take advantage of the current market conditions, which favor them with increased inventory and a slower pace of sales. With 6.4 months of inventory available, buyers have more options to explore and negotiate, making it an ideal time to consider purchasing a home in the Greater San Diego area.

For Sellers

Sellers should remain realistic about pricing and be prepared for potential negotiations, as the market shows signs of slowing demand. With an increase in new listings, it is essential for sellers to ensure their properties stand out through effective marketing and competitive pricing strategies to attract buyers in a more cautious market.