Greater San Diego Association of REALTORS® Market Report for July 2026: Sales Dip Amid Increased Inventory

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market saw a total of 2 sales, a significant decrease of 50% compared to the same month last year. New listings increased to 5, contributing to a total of 13 active listings and a months of inventory figure of 7.2.

Market Analysis

The current market conditions indicate a buyer's market, characterized by a substantial increase in inventory and a notable decline in sales activity. With only 2 sales recorded in July, the market is experiencing a slowdown compared to the 4 sales in July 2025. The months of inventory has risen to 7.2, suggesting that buyers have more options available, which may lead to a more competitive environment for sellers. The sales-to-new-listings ratio (SNLR) stands at 40.0%, further illustrating the imbalance between supply and demand.

Property Type Analysis

In July, all recorded sales were for detached properties, with 2 closed transactions and no sales in the attached/townhouse category. The lack of activity in attached properties indicates a potential area of concern for that segment, as inventory remains low with only 1 active listing. The detached market, while still experiencing a decline in sales year-over-year, has shown resilience with a median price of $732,000 and a high percentage of list price at 99.6%.

Regional Highlights

The Warner Springs area, represented by the 92086 zip code, reflects the broader trends seen in the Greater San Diego region. The increase in new listings to 5 this month, compared to 0 in June 2026, suggests that sellers are responding to market conditions by bringing more properties to market. However, the overall inventory remains elevated, with 12 detached homes available, indicating a shift in market dynamics that may favor buyers in the coming months.

For Buyers

Prospective buyers should take advantage of the current buyer's market by exploring the increased inventory available. With 13 active listings, buyers have a wider selection of properties to consider, allowing for more negotiation opportunities. It is advisable to conduct thorough research and be prepared to act quickly, as favorable properties may attract interest.

For Sellers

Sellers should be mindful of the current market conditions and the increased competition from new listings. To attract potential buyers, it is essential to price properties competitively and ensure they are well-presented. Engaging with a knowledgeable REALTOR® can provide valuable insights into pricing strategies and marketing efforts to enhance visibility in this challenging market.