Greater San Diego Association of REALTORS® Reports Limited Sales Activity in April 2026

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego Association of REALTORS® reports a total of 9 sales in April 2026, a notable decrease from 12 sales in March 2026 and 13 sales in April 2025. New listings totaled 23, contributing to 43 active listings and 2.9 months of inventory, indicating a sellers' market.

Market Analysis

The Greater San Diego Association of REALTORS® indicates that April 2026 saw a significant contraction in sales volume, with only 9 total sales recorded. This represents a decline from the 12 sales observed in March 2026 and the 13 sales from April 2025. Due to the extremely low number of transactions, percentage changes in sales volume are not considered meaningful for this period.

Despite the reduced sales activity, the market continues to favor sellers, as evidenced by 2.9 months of inventory. This figure is slightly higher than the 2.2 months reported in March 2026 but remains below the 2.5 months from April 2025. The Sales-to-New-Listings Ratio (SNLR) stands at 39.1%, suggesting that a notable portion of new listings are quickly absorbed, contributing to the tight inventory conditions.

Active listings increased to 43 in April 2026, up from 33 in March 2026 and 31 in April 2025. While this represents an increase in available properties, the overall sales volume did not follow suit, pointing to a potential mismatch between buyer demand and available inventory, or other market factors influencing transaction closures.

Property Type Analysis

In April 2026, detached homes accounted for 5 of the total sales, while attached/townhouse properties recorded 4 sales. For the 92102 area, detached homes saw 11 new listings and 5 closed sales, with a median price of $750,000. These properties sold for an average of 97.5% of their list price and spent 38 days on the market.

Attached properties in 92102 had 12 new listings and 4 closed sales, with a median price of $732,500. They achieved 99% of their list price and had a shorter average of 32 days on market. The months of supply for detached homes in 92102 was 2.9 months, while attached properties had 5.9 months of supply, indicating a tighter market for detached homes within this specific area.

Regional Highlights

Focusing on the 92102 zip code, the market showed varied performance across property types in April 2026. Detached homes recorded 11 new listings and 5 pending sales, alongside the 5 closed sales. The median price for detached homes in 92102 was $750,000, reflecting a year-over-year change of -1.2% in median price, while closed sales saw a year-over-year change of -54.5%.

Attached properties in 92102 had 12 new listings and 1 pending sale, with 4 closed sales. The median price for attached homes was $732,500, marking a significant year-over-year increase of 39.5% in median price. Closed sales for attached properties in 92102 increased by 33.3% year-over-year, contrasting with the detached segment.

For Buyers

Buyers in the Greater San Diego market, particularly in areas with low inventory, should be prepared for competitive conditions despite the overall low sales volume. With 2.9 months of inventory, desirable properties may still attract multiple offers. It is crucial to have pre-approval in place and be ready to act quickly when a suitable home becomes available, especially for detached properties where inventory is tighter.

For Sellers

Sellers in the Greater San Diego market continue to benefit from a sellers' market, as indicated by the low months of inventory. While overall sales volume was low in April 2026, properties that are well-priced and in good condition are likely to attract attention. Sellers should work with their REALTOR® to strategically price their homes to maximize interest and achieve favorable terms, particularly given the strong performance of attached properties in some areas like 92102.