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 exhibits balanced conditions with a total of 39 sales and 123 new listings. Active listings stand at 378, resulting in 4.0 months of inventory, indicating a stable market environment.

Market Analysis

The San Diego real estate market in June 2026 shows signs of balance, with a sales-to-new-listings ratio (SNLR) of 31.7%. This ratio suggests that while demand remains steady, the influx of new listings is keeping pace, preventing significant upward pressure on prices. Compared to May 2026, total sales have decreased slightly from 41 to 39, while active listings have also seen a minor decline from 384 to 378. The months of inventory have increased from 3.0 to 4.0, indicating a slight shift towards a more balanced market compared to the previous month.

Property Type Analysis

The breakdown of sales by property type reveals that attached and townhouse properties dominate the market, with 38 sales recorded in June 2026. In contrast, only one detached home was sold during the same period. This trend highlights the ongoing preference for more affordable attached housing options among buyers, particularly in a market characterized by rising interest rates and economic uncertainty.

Regional Highlights

Regionally, the Downtown area (ZIP code 92101) reflects similar trends, with three new detached listings and a median price of $1,410,000 for the one closed sale. The attached market in this area is more active, with 120 new listings and 38 closed sales, showcasing a median price of $610,000. However, the year-over-year performance for attached properties indicates a significant decline, with closed sales down 25.5% and median prices down 20.8%.

For Buyers

Potential buyers are encouraged to act strategically in the current balanced market. With 4.0 months of inventory available, buyers have more options to choose from, allowing for better negotiation opportunities. It is advisable to conduct thorough research on specific neighborhoods and property types to identify the best fit for their needs.

For Sellers

Sellers should remain realistic about pricing in the current market environment. With an increase in months of inventory and a slight decline in sales, it is crucial to price properties competitively to attract potential buyers. Engaging with a knowledgeable REALTOR® can provide valuable insights into local market conditions and help sellers position their properties effectively.