Greater San Diego REALTORS®: April 2026 Market Sees Strong Sales Growth Amidst Tight Inventory

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market demonstrated robust activity in April 2026, with the Composite Benchmark Price reaching $800,000. Total sales increased significantly to 54, marking a substantial 27.6% rise compared to April 2025, according to figures published by the Greater San Diego Association of REALTORS®.

Market Analysis

April 2026 continued to favor sellers, characterized by extremely tight inventory and strong buyer demand. Months of Inventory stood at 1.0, a decrease from 1.2 in March 2026 and significantly lower than the 1.6 recorded in April 2025. Active listings also saw a decline, totaling 68 compared to 78 in the prior month and 84 in the prior year, further contributing to the competitive market.

The Sales-to-New Listings Ratio (SNLR) was 98.2%, indicating that nearly all new listings were absorbed by buyer demand. The Composite Benchmark Price rose to $800,000, an increase from $690,000 in March 2026 and $777,500 in April 2025. This appreciation reflects the sustained pressure from buyers in a market with limited available homes.

Property Type Analysis

Sales activity varied across property types in April 2026. Detached homes accounted for the majority of transactions with 37 sales, while attached/townhouse properties recorded 17 sales. This distribution highlights the continued preference for detached housing in the region.

In a specific regional example, Santee (92071) saw detached homes with a median price of $890,000 and an average of 27 days on market, selling at 100.5% of list price. Detached sales in this area also experienced a 27.6% year-over-year increase. Attached homes in Santee had a median price of $604,500, spent 36 days on market, and sold at 100% of list price, though their sales saw a 10.5% year-over-year decrease. Months of supply for detached homes in Santee was 1.0, while attached homes had 2.8 months of supply, indicating a tighter market for detached properties.

Regional Highlights

Regional data from Santee (92071) provides insight into localized market dynamics. Detached homes in Santee demonstrated robust performance, with 30 new listings and 37 closed sales. The median price for detached homes reached $890,000, reflecting a 2.3% year-over-year increase in median price. Attached homes in Santee recorded 25 new listings and 17 closed sales, with a median price of $604,500, representing a 1.1% year-over-year increase in median price. These figures underscore the varied performance and demand across different property types within the Greater San Diego area.

For Buyers

Buyers navigating the Greater San Diego market in April 2026 face competitive conditions due to low inventory. Securing pre-approval is crucial, and being prepared to act quickly with strong, competitive offers is often necessary. Flexibility on terms and a clear understanding of market values can provide an advantage.

For Sellers

Sellers in April 2026 benefit from a strong market characterized by low months of inventory and high buyer demand. Strategic pricing, professional staging, and high-quality marketing can maximize interest and potentially lead to multiple offers. Being prepared for a swift transaction process is advisable.