Greater San Diego Association of REALTORS®: April 2026 Sees Limited Sales Activity Amidst Buyer's Market Conditions

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market for April 2026 recorded a total of 2 sales, matching the number of new listings for the month. With 11 active listings and 6.3 months of inventory, market conditions favor buyers, though the extremely low transaction volume suggests a highly localized or niche market.

Market Analysis

The Greater San Diego housing market in April 2026 experienced limited activity, with only 2 total sales recorded. This represents an increase from the 1 sale observed in March 2026 and also from the 1 sale in April 2025. New listings matched sales at 2 for the month, indicating a very tight balance between new supply and demand at this low transaction volume.

Active listings stood at 11 in April 2026, a slight increase from 10 in March 2026 but a decrease from 12 in April 2025. Months of Inventory (MOI) registered at 6.3, indicating a buyer's market. This MOI is higher than the 5.7 reported in March 2026 but significantly lower than the 9.6 months of inventory seen in April 2025, suggesting a gradual tightening of supply relative to demand over the past year, despite the current month's increase.

The Sales-to-New-Listings Ratio (SNLR) was 100.0% in April 2026, meaning every new listing that came onto the market resulted in a sale. However, with only 2 new listings and 2 sales, this high percentage reflects the extremely low volume rather than a robust, competitive market. The overall market condition remains favorable to buyers, as reported by the Greater San Diego Association of REALTORS®.

Property Type Analysis

All 2 sales recorded in April 2026 were for detached properties. For detached homes in areas such as Warner Springs (zip code 92086), the median price was $388,500, with properties selling at an average of 101.1% of their list price after 116 days on market. Detached inventory stood at 11 units, contributing to the overall 6.3 months of supply.

No sales were reported for attached/townhouse properties during April 2026, and data for apartment sales was not available. This indicates that the limited market activity was exclusively concentrated within the detached housing segment.

Regional Highlights

The data for April 2026, specifically reflecting trends in areas such as Warner Springs (zip code 92086), highlights a market characterized by extremely low transaction volumes. The observed metrics, including 2 total sales and 2 new listings, suggest a highly localized market with unique dynamics that may not be representative of the broader Greater San Diego region.

The median price for detached homes in this specific area was $388,500, with properties selling above list price on average. This indicates that even with low sales volume, well-priced homes can attract strong offers, though the extended days on market (116) suggest a longer sales cycle compared to more active markets.

For Buyers

Buyers in the Greater San Diego market, particularly in areas experiencing lower activity, should recognize the current buyer-friendly conditions. With 6.3 months of inventory, there is less urgency, allowing for thorough due diligence and potentially more room for negotiation on price and terms. Patience and working closely with a REALTOR® to identify suitable properties are key strategies.

For Sellers

Sellers in the current Greater San Diego market, especially given the low transaction volumes, should focus on strategic pricing and presentation. With properties taking an average of 116 days to sell, competitive pricing from the outset, coupled with professional staging and marketing, is crucial to attract the limited pool of buyers. Flexibility in negotiations can also be beneficial in securing a sale.