Greater San Diego REALTORS®: April 2026 Market Sees Sales Increase Amidst Tight Inventory

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market experiences a seller's market in April 2026, as total sales reach 30, marking a 15.4% increase year-over-year. Active listings stand at 99, contributing to a low 1.9 months of inventory, according to figures published by the Greater San Diego Association of REALTORS®.

Market Analysis

The Greater San Diego housing market remains firmly in seller's territory in April 2026, characterized by limited inventory and robust sales activity. Total sales for the month reached 30, a notable 15.4% increase compared to April 2025. This growth in sales occurs despite a slight decrease from the 32 sales recorded in March 2026.

Active listings total 99, a decrease from 101 in April 2025 and a modest increase from 94 in March 2026. The months of inventory (MOI) stands at 1.9, significantly lower than 3.3 in April 2025 and 2.6 in March 2026, underscoring the competitive environment for buyers. The sales-to-new-listings ratio (SNLR) is 49.2%, indicating strong buyer demand relative to new supply.

Property Type Analysis

In April 2026, sales for detached homes and attached/townhouses are evenly split across the Greater San Diego market, with 15 sales recorded for each property type. A closer look at the 92103 zip code (Hillcrest/Mission Hills) reveals distinct trends for these segments.

In 92103, detached homes saw 15 closed sales, with a median price of $1,985,000. These homes spent an average of 49 days on market and sold for 93.2% of their list price. Attached properties in 92103 also recorded 15 closed sales, with a median price of $680,000. They moved faster, with 36 days on market, and achieved a higher percentage of list price at 96.2%.

Regional Highlights

Focusing on the 92103 zip code, the detached housing market shows significant year-over-year price appreciation, with the median price increasing by 29.3%. Closed sales for detached homes in 92103 also saw a 15.4% increase compared to the prior year, aligning with the overall sales growth reported by the Greater San Diego Association of REALTORS®.

Conversely, the attached segment in 92103 experienced a year-over-year median price decrease of 16.6%, alongside a 31.8% decline in closed sales compared to the prior year. Despite this, attached homes in 92103 maintain a lower days on market at 36 and a higher percentage of list price at 96.2% compared to detached homes in the same area.

For Buyers

Buyers in the Greater San Diego market face a competitive environment due to low inventory. With only 1.9 months of inventory available, properties are moving quickly. Buyers should be prepared to act decisively, secure pre-approval for financing, and consider offering competitive terms to stand out in a seller's market, especially for properties in high-demand areas like 92103.

For Sellers

Sellers in Greater San Diego are well-positioned in April 2026, benefiting from strong demand and limited supply. With a sales-to-new-listings ratio of 49.2% and low months of inventory, sellers can expect strong interest. Pricing strategically and presenting homes in optimal condition can maximize offers and expedite sales, particularly for detached homes in areas like 92103 which show significant price appreciation.