Greater San Diego Association of REALTORS® Market Report - May 2026

Greater San Diego Association of REALTORS® — May 2026

In May 2026, the Greater San Diego real estate market shows signs of increased activity, with total sales rising to 15, a 50% increase from 12 sales in May 2025. New listings also saw a boost, totaling 19, while active listings reached 42, indicating a competitive market for sellers.

Market Analysis

The Greater San Diego real estate market is currently characterized as a seller's market, with a months of inventory (MOI) at 3.6, down from 5.9 in May 2025. The strong sales performance, coupled with a sales-to-new-listings ratio (SNLR) of 78.9%, suggests that demand is outpacing supply. This trend is further emphasized by the increase in total sales from 11 in April 2026 to 15 in May 2026, indicating a robust upward trajectory in market activity as we move into the summer months.

Property Type Analysis

In May 2026, detached homes accounted for 6 sales, while attached homes, including townhouses, saw 9 sales. The performance of attached homes is particularly noteworthy, as they represent a larger share of the market activity this month, reflecting a potential shift in buyer preferences towards more affordable options in a tightening market. The median price for detached homes stands at $3,852,000, while attached homes have a median price of $1,635,000, highlighting the price disparity between these property types.

Regional Highlights

The Solana Beach area, represented by zip code 92075, continues to show strong performance with 6 closed sales of detached homes and 9 closed sales of attached homes. The median price for detached homes in this region is $3,852,000, with a competitive list-to-sale price ratio of 98.1%. This indicates that properties are selling close to their asking prices, reflecting high demand and a limited supply in this desirable coastal community.

For Buyers

Prospective buyers should act swiftly in the current market, as the low inventory levels and high sales-to-new-listings ratio indicate that desirable properties are being sold quickly. Buyers are encouraged to be prepared with financing and to make competitive offers, as homes are selling close to their listing prices.

For Sellers

Sellers in the Greater San Diego area are in a favorable position, given the current seller's market dynamics. With a strong demand for homes and a low months of inventory, sellers are advised to price their homes competitively and consider staging to enhance appeal. Additionally, listing during peak selling seasons can further capitalize on the heightened buyer interest.