Greater San Diego REALTORS®: April 2026 Market Sees Sales Decline 41.2% Year-Over-Year Amidst Tight Inventory

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego Association of REALTORS® reports total sales for April 2026 reached 41, marking a significant 41.2% decrease compared to April 2025. Active listings stood at 79, with months of inventory at 1.6, indicating a persistent sellers' market condition.

Market Analysis

The Greater San Diego housing market experienced a notable slowdown in sales activity during April 2026. Total sales of 41 represent a substantial year-over-year decline of 41.2% from 55 sales recorded in April 2025. This also marks a slight month-over-month decrease from 44 sales in March 2026, reflecting a cooler transaction pace.

Despite the dip in sales, inventory levels remain constrained. Active listings increased slightly to 79 from 73 in March 2026, but are still lower than the 88 active listings observed in April 2025. Months of inventory also saw a modest increase to 1.6 from 1.3 in March 2026, yet remains well below the 2.3 months recorded in April 2025. This sustained low inventory, coupled with a sales-to-new-listings ratio of 71.9%, continues to characterize the market as favorable to sellers.

Property Type Analysis

Sales activity in April 2026 was nearly evenly distributed between detached and attached property types. Detached homes recorded 20 sales, while attached/townhouse properties saw 21 sales.

This balance in sales volume suggests consistent demand across different housing segments within the Greater San Diego market.

Regional Highlights

In the 92078 zip code (San Marcos South), specific trends emerged for April 2026. Detached homes recorded 20 closed sales with a median price of $1,417,500, spending an average of 68 days on market. This segment also saw a 41.2% year-over-year decline in closed sales, mirroring the broader market trend.

Attached homes in 92078 reported 21 closed sales with a median price of $755,000 and a quicker average of 24 days on market. The median price for attached properties in this area saw a 2% year-over-year increase, contrasting with a 1.5% decrease for detached median prices.

For Buyers

Given the persistent sellers' market and low months of inventory at 1.6, buyers in April 2026 should be prepared for competitive conditions. Acting quickly on desirable properties and having pre-approved financing are crucial steps. Buyers may benefit from exploring both detached and attached options, as sales volumes are similar, potentially offering more choices.

For Sellers

With months of inventory at 1.6 and a sales-to-new-listings ratio of 71.9%, sellers continue to hold an advantageous position in April 2026. Properly priced homes are likely to attract strong interest and sell relatively quickly, especially in segments demonstrating shorter days on market, such as attached homes in 92078. Consulting with a REALTOR® to strategize pricing and presentation is key to maximizing outcomes.