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 shows signs of continued seller advantage with 44 total sales and 51 new listings. The months of inventory stands at 1.4, indicating a tight market despite a 13.8% year-over-year decline in sales.

Market Analysis

The Greater San Diego real estate market remains competitive for sellers, with a sales-to-new-listings ratio (SNLR) of 86.3%, suggesting that homes are being absorbed quickly. The total sales decreased from 48 in June 2026 to 44 in July, reflecting a slight cooling in activity. However, the inventory remains low at 82 active listings, which is significantly lower than the 110 active listings recorded in July 2025, contributing to a months of inventory figure of just 1.4, down from 2.0 a year ago.

Despite the decline in sales, the market conditions favor sellers, as evidenced by the strong SNLR and the limited inventory. The average days on market for detached homes is 24 days, indicating that properties are still moving relatively quickly. Buyers may face challenges in finding available homes, which could lead to competitive bidding situations, particularly in sought-after neighborhoods.

Property Type Analysis

In July 2026, detached homes accounted for 25 sales, while attached homes, including townhouses, saw 19 sales. The detached market continues to demonstrate resilience, with a median price of $875,000 and a closed sales year-over-year change of -13.8%. In contrast, the attached market shows a more favorable year-over-year closed sales increase of 46.2%, with a median price of $610,000, indicating a growing interest in lower-priced options amidst rising costs.

The disparity in performance between detached and attached properties suggests that buyers are increasingly gravitating towards more affordable housing solutions, which may be a response to the overall economic climate and rising interest rates. This trend could further influence market dynamics as buyers adjust their preferences based on available inventory and pricing.

Regional Highlights

The Santee area, specifically zip code 92071, reflects notable trends in the July market. With 28 new listings and 25 closed sales, the region maintains a healthy pace of activity, with a median price of $875,000 for detached homes. The months of supply in Santee is at 1.4, indicating a seller's market, while the attached segment shows a median price of $610,000 and a significant year-over-year increase in closed sales, highlighting a shift in buyer preferences towards more affordable options.

Overall, the regional data underscores the tight inventory conditions across Greater San Diego, with Santee exemplifying the broader trends of limited supply and strong demand, particularly for entry-level and mid-range properties.

For Buyers

Prospective buyers should be prepared for a competitive market environment, particularly in sought-after neighborhoods. It is advisable to get pre-approved for financing and to act quickly when a desirable property becomes available. Buyers may also consider broadening their search criteria to include different property types or neighborhoods to increase their chances of finding a suitable home.

For Sellers

Sellers are currently in a favorable position, given the low inventory and strong demand. To maximize the sale price, it is essential to present homes well and price them competitively. Engaging a knowledgeable REALTOR® can help sellers navigate the market effectively and leverage current conditions to achieve the best possible outcome.