Greater San Diego Association of REALTORS® Reports May 2026 Market Trends: Sales Surge 33.3%

Greater San Diego Association of REALTORS® — May 2026

In May 2026, the Greater San Diego real estate market experienced a notable increase in sales, with a total of 31 properties sold, marking a 33.3% rise compared to May 2025. The market remains competitive for sellers, as evidenced by a strong sales-to-new-listings ratio of 103.3% and a months of inventory at just 2.8 months.

Market Analysis

The Greater San Diego real estate market continues to demonstrate robust demand, with total sales increasing from 29 in April 2026 to 31 in May 2026. The current months of inventory stands at 2.8, indicating a seller's market where demand outpaces supply. Active listings have decreased from 76 in April to 67 in May, further tightening the market and contributing to the upward pressure on sales.

Property Type Analysis

In May 2026, detached homes accounted for the majority of sales, with 28 transactions, while attached properties, including townhouses, saw only 3 sales. The disparity in sales activity between property types highlights the ongoing preference for detached homes among buyers, likely driven by the desire for more space and privacy in the current market environment.

Regional Highlights

Regionally, the Vista East area (zip code 92084) reflects these trends, with 28 closed sales of detached homes in May 2026. The median price for detached homes in this area is reported at $982,500, with a strong list-to-sale price ratio of 98.6%, indicating that homes are selling close to their asking prices. In contrast, attached homes in the same region have seen a decline in closed sales, down 25% year-over-year, suggesting a shift in buyer preferences.

For Buyers

Prospective buyers should act swiftly in the current market, as the low months of inventory indicate that desirable properties are selling quickly. It is advisable for buyers to be pre-approved for financing and to work closely with a knowledgeable REALTOR® to navigate the competitive landscape effectively.

For Sellers

Sellers are in a favorable position, with a strong sales-to-new-listings ratio and a limited supply of active listings. To maximize their selling potential, homeowners should consider pricing their properties competitively and ensuring they are in excellent condition to attract motivated buyers.