Greater San Diego Association of REALTORS®: April 2026 Market Report Highlights Increased Inventory Amidst Stagnant Sales

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego Association of REALTORS® reports a continued trend of zero total sales in April 2026, mirroring figures from March 2026 and April 2025. New listings for the month totaled 2, contributing to an increase in active listings to 8 and pushing months of inventory to 5.7.

Market Analysis

The Greater San Diego Association of REALTORS® market analysis for April 2026 reveals a static sales environment, with zero total sales recorded for the month. This figure remains consistent with March 2026 and April 2025, indicating a prolonged period of minimal transaction activity. Despite the absence of sales, the market is characterized as balanced, a condition often influenced by the available supply relative to potential demand.

Supply-side metrics show a modest increase in inventory. New listings for April 2026 stood at 2, all within the detached property segment. Active listings rose to 8, an increase from 6 in March 2026 and double the 4 active listings reported in April 2025. This growth in available properties has led to an expansion in the Months of Inventory (MOI), reaching 5.7 months in April 2026, up from 4.5 months in the prior month and 3.4 months in April 2025.

The consistent zero sales figures mean that percentage changes in sales volume are not meaningful to report. The increasing inventory levels, particularly the rise in Months of Inventory, suggest a market where properties are taking longer to absorb, even in the absence of recorded sales. This trend warrants close observation for future shifts in market dynamics.

Property Type Analysis

A breakdown by property type indicates that all new listing activity in April 2026 occurred within the detached segment, which recorded 2 new listings. Detached properties also accounted for all 8 active listings and a Months of Inventory of 5.7. No sales were recorded for detached homes during the month.

In contrast, the attached/townhouse segment reported zero new listings, zero sales, and zero active listings for April 2026. This suggests a complete lack of available inventory and transaction activity in this specific property type. Sales data for apartment properties were not available for the reporting period.

Regional Highlights

Across the Greater San Diego Association of REALTORS® market, the overarching trend in April 2026 is the stability of zero sales transactions, a pattern observed consistently over the past year. This prolonged period of minimal sales activity, coupled with a slight increase in new listings, contributes to the evolving supply landscape.

The market's current 'balanced' condition, as indicated by the 5.7 months of inventory, reflects a state where neither buyers nor sellers hold a significant advantage. However, the upward trajectory of active listings and months of inventory from prior periods suggests a gradual shift towards a more buyer-friendly environment if sales activity remains subdued.

For Buyers

Buyers in the Greater San Diego Association of REALTORS® market should closely monitor the increasing inventory levels, which reached 8 active listings in April 2026. While sales activity is currently stagnant, the rise in months of inventory to 5.7 suggests that properties, particularly detached homes, may offer more opportunities for consideration. Consulting with a REALTOR® is crucial to navigate this unique market and identify any emerging opportunities.

For Sellers

Sellers within the Greater San Diego Association of REALTORS® market face a challenging environment characterized by zero sales transactions in April 2026. With active listings increasing to 8 and months of inventory at 5.7, properties may take longer to sell. Strategic pricing, impeccable property presentation, and patience are paramount. Working with a REALTOR® to accurately assess market value and develop a robust marketing plan is essential to attract potential buyers.