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 saw a total of 52 sales, a notable 17.9% decrease from the previous year. Active listings decreased to 91, resulting in a months of inventory of 1.9, indicating a strong seller's market.

Market Analysis

The San Diego housing market continues to exhibit tight conditions, with a sales-to-new-listings ratio (SNLR) of 98.1%, suggesting that homes are selling quickly relative to the number of new listings. With only 91 active listings available, the market is experiencing a significant supply constraint, which is contributing to the competitive environment for buyers. The total sales of 52 in July reflect a modest increase from 44 in June 2026, indicating a potential seasonal uptick as summer progresses.

Property Type Analysis

In July, detached homes accounted for 23 sales, while attached homes, including townhouses, saw 29 sales. The detached market remains constrained, with limited inventory pushing buyers towards attached properties, which have shown a remarkable year-over-year increase in closed sales of 93.3%. This trend highlights a growing preference for attached living options in the current market environment.

Regional Highlights

Focusing on the San Marcos area (zip code 92078), the market shows a balanced activity with 38 new listings and 31 pending sales for detached homes, resulting in a median price of $1,250,000. The attached market in the same region has a median price of $742,000, with a strong closed sales performance, indicating a healthy demand for both property types despite the overall sales decline in the broader market.

For Buyers

Prospective buyers should remain vigilant in this competitive market, as homes are selling quickly. It is advisable to get pre-approved for financing and be prepared to act swiftly when a suitable property becomes available, particularly in the attached segment where demand is currently high.

For Sellers

Sellers are in a favorable position with the current market dynamics. Given the low months of inventory and high SNLR, it is an opportune time to list properties. Sellers should consider pricing competitively and ensuring their homes are in excellent condition to attract motivated buyers.