Greater San Diego REALTORS®: April 2026 Sees 50% Sales Increase Year-Over-Year, Inventory Remains Low

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego Association of REALTORS® reports a significant increase in sales activity for April 2026, with total sales reaching 11 units. This represents a substantial 50.0% surge in sales compared to April 2025, indicating robust buyer demand in what remains a sellers' market.

Market Analysis

Total sales reported by the Greater San Diego Association of REALTORS® for April 2026 reached 11 units, marking a notable increase from 8 sales in March 2026. This performance also represents a significant 50.0% year-over-year increase compared to the 10 sales recorded in April 2025, highlighting a strengthening market.

The market continues to favor sellers, characterized by low inventory levels. Active listings stood at 39 units in April 2026, a slight increase from 36 in March 2026 but a substantial decrease from 57 active listings in April 2025. Months of inventory registered at 3.9, a modest rise from 3.7 in the prior month, yet considerably lower than the 5.8 months of inventory observed in April 2025. This tight supply, coupled with a sales-to-new-listings ratio (SNLR) of 45.8%, underscores persistent demand.

Property Type Analysis

In April 2026, the sales breakdown shows detached homes accounted for 6 transactions, while attached/townhouse properties recorded 5 sales. This indicates a relatively balanced distribution of sales across property types within the overall market.

Regional Highlights

Regional data from Solana Beach (92075) provides further insight into market dynamics. The detached home segment in Solana Beach saw 6 closed sales in April 2026, mirroring the overall detached sales count and representing a 50% increase year-over-year. The median price for detached homes in this area reached $3,852,500, a significant 37.3% increase from the prior year. These homes sold at 97.5% of their original list price and spent an average of 28 days on the market, with 3.9 months of supply.

For attached properties in Solana Beach (92075), 5 closed sales were recorded. The median price for attached homes was $2,075,000, up 38.3% year-over-year. Notably, attached properties sold above their list price at 101.7% and moved quickly, averaging just 6 days on the market. Months of supply for attached homes in Solana Beach stood at 3.1, indicating a very competitive segment, despite a 16.7% decrease in closed sales year-over-year for this specific property type.

For Buyers

In this competitive sellers' market, prospective buyers should be prepared for swift decision-making and potentially multiple-offer scenarios, especially for well-priced properties. Securing pre-approval for financing is crucial, and working closely with a REALTOR® to identify new listings quickly can provide a strategic advantage.

For Sellers

Sellers benefit from favorable market conditions, including low inventory and strong buyer demand. Pricing homes competitively and ensuring properties are well-prepared for market can attract multiple offers and potentially lead to sales above asking price, particularly for attached properties which are selling at 101.7% of list price in some areas. Consulting with a REALTOR® to strategically position a property is advisable.