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

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market shows a composite benchmark price of $780,000, with total sales reaching 48. The market remains in favor of sellers, evidenced by a strong sales-to-new-listings ratio of 73.8%.

Market Analysis

The San Diego real estate market continues to exhibit a tight inventory, with only 1.0 month of inventory available. This is a decrease from 1.6 months in May 2026 and significantly lower than the 2.0 months recorded in June 2025. The total sales have decreased by 11.1% year-over-year, indicating a slight cooling in buyer activity, yet the market's low inventory keeps upward pressure on prices. The current environment suggests that while fewer homes are selling, those that do are moving quickly due to limited supply.

Property Type Analysis

In June, detached homes accounted for 32 of the total sales, while attached homes, including townhouses, contributed 16 sales. The lack of benchmark prices for these categories makes direct price comparisons challenging, but the sales figures indicate a stronger demand for detached properties, which typically attract buyers seeking more space. The market for attached homes shows a slower pace, with a higher average days on market, suggesting that buyers may be more selective in this segment.

Regional Highlights

In the Santee area, the market reflects similar trends, with 32 closed sales of detached homes and a median price of $900,000. The inventory remains tight, with only 1 month of supply available, which is consistent with the broader San Diego market. Conversely, attached homes in the region show a higher months of supply at 3.2, indicating a more balanced market for these properties and potentially more opportunities for buyers.

For Buyers

Prospective buyers are encouraged to act quickly in the current market, as homes are selling rapidly due to limited inventory. It is advisable to be pre-approved for financing and to have a clear understanding of desired property features to make competitive offers when suitable homes become available.

For Sellers

Sellers are in a favorable position with the current market dynamics, but they should still be mindful of pricing strategies. Setting a competitive price based on recent sales and market conditions can attract more buyers and potentially lead to multiple offers, maximizing the sale price.