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

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market saw a total of 23 sales, a 53.3% decrease from the same month last year. Active listings increased to 74, resulting in a months of inventory of 3.2, indicating a seller's market.

Market Analysis

The San Diego real estate market continues to experience a significant shift, with total sales declining sharply compared to July 2025. The current sales figure of 23 represents a notable drop from 37 sales recorded in the same month last year. Despite this decline, the increase in active listings to 74 suggests that sellers are becoming more willing to enter the market, contributing to a months of inventory figure of 3.2, which is still indicative of a seller's market. The sales-to-new-listings ratio (SNLR) stands at 59.0%, reflecting a competitive landscape for buyers as they navigate limited inventory.

Property Type Analysis

In July, detached homes accounted for 14 of the total sales, while attached homes, including townhouses, contributed 9 sales. The market for detached properties continues to dominate, although both segments are facing challenges with lower sales figures compared to the previous year. The median price for detached homes is reported at $1,128,500, while attached homes have a median price of $682,000, showing a slight year-over-year increase in both categories, which may indicate resilience in pricing despite the overall decline in sales volume.

Regional Highlights

The San Marcos South area, particularly zip code 92069, has shown varied performance with 22 new listings and 14 closed sales in July. The median price for detached homes in this region is $1,128,500, reflecting a strong demand despite the overall market slowdown. The attached segment in the same region has also seen positive trends, with a median price of $682,000 and a year-over-year sales increase of 12.5%, suggesting that buyers are still actively pursuing opportunities in this segment.

For Buyers

Prospective buyers are encouraged to act swiftly in the current market, as the limited inventory and competitive conditions may lead to multiple offers on desirable properties. Buyers should be prepared to make strong offers and consider exploring various neighborhoods to find suitable options.

For Sellers

Sellers should take advantage of the current market conditions by pricing their homes competitively and ensuring they are well-prepared for showings. With an increase in active listings, it is crucial for sellers to highlight the unique features of their properties to attract potential buyers and facilitate quicker sales.