Greater San Diego Association of REALTORS® Market Report - June 2026

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market shows signs of balance with a total of 4 sales, a significant increase of 200% compared to June 2025. New listings rose to 6, while active listings decreased to 13, resulting in 5.0 months of inventory.

Market Analysis

The Greater San Diego real estate market is currently in a balanced condition, with a sales-to-new-listings ratio (SNLR) of 66.7%. This indicates a healthy equilibrium between supply and demand, as the number of new listings is closely aligned with sales activity. Compared to May 2026, total sales increased from 3 to 4, while active listings decreased from 16 to 13, reflecting a tightening market. Year-over-year, the sales volume has surged, highlighting a growing interest in the region despite a lack of available benchmark prices.

Property Type Analysis

In June 2026, detached homes accounted for the majority of sales with 3 transactions, while attached/townhouse properties saw 1 sale. The detached segment demonstrates a stronger performance, likely due to higher demand for single-family homes in the area. The median price for detached homes remains high at $3,740,000, although year-over-year comparisons show a significant decline of 53.8% in median price, which may indicate a shift in buyer preferences or market adjustments.

Regional Highlights

The Rancho Santa Fe area, specifically zip code 92091, reflects notable trends with 5 new listings and 5 pending transactions, indicating a robust interest in this upscale market. The months of supply for detached homes is currently at 5 months, suggesting a balanced market, while attached properties show a tighter supply with only 1.4 months of inventory. This regional activity underscores the diverse dynamics within different property types and price points.

For Buyers

Potential buyers in the Greater San Diego area are encouraged to act promptly, as the market shows signs of tightening inventory. With only 5.0 months of supply available, buyers may face increased competition for desirable properties. It is advisable to secure pre-approval for financing and to be prepared to make competitive offers on homes that meet their criteria.

For Sellers

Sellers in the Greater San Diego market should consider pricing their homes competitively to attract buyers in a balanced market. With a sales-to-new-listings ratio of 66.7%, there is a favorable environment for sellers, especially for detached homes. Highlighting unique property features and ensuring homes are in excellent condition can help maximize appeal and potentially lead to quicker sales.