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

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market experienced a notable increase in activity, with total sales rising to 44, up from 30 in June. Active listings also increased to 121, contributing to a months of inventory figure of 3.5, indicating a seller's market.

Market Analysis

The Greater San Diego real estate market shows signs of resilience despite a year-over-year sales decline of 12.5%. The increase in total sales from June to July suggests a growing demand, as buyers are actively engaging with the market. The current months of inventory at 3.5 indicates a balanced market favoring sellers, as it reflects a healthy turnover of properties. The strong sales-to-new-listings ratio of 77.2% further supports this trend, indicating that homes are selling quickly relative to the number of new listings entering the market.

Property Type Analysis

In July, the detached property segment recorded 14 sales, while attached properties, including townhouses, saw a more robust performance with 30 sales. The distinct performance of these property types highlights the ongoing preference for attached homes in the current market, likely due to their affordability and lower maintenance requirements. The median price for detached homes in the Hillcrest and Mission Hills areas stands at $1,710,000, while attached homes have a median price of $867,500, reflecting the diverse options available to buyers.

Regional Highlights

The 92103 zip code, encompassing Hillcrest and Mission Hills, has shown varied performance across property types. Detached homes have seen a slight decrease in closed sales year-over-year, down 12.5%, while attached homes have experienced a significant increase in closed sales, up 100%. This contrast underscores the shifting preferences of buyers in the region, with many opting for attached homes that offer a more accessible price point and desirable amenities.

For Buyers

Prospective buyers are encouraged to act swiftly in the current market, as the sales-to-new-listings ratio suggests homes are selling quickly. With a variety of options available, particularly in the attached property segment, buyers should consider their budget and desired location carefully to capitalize on the current inventory.

For Sellers

Sellers should take advantage of the current seller's market by pricing their homes competitively and ensuring they are in optimal condition for showings. With active listings on the rise, presenting a well-maintained property can attract serious buyers and potentially lead to quicker sales.