Greater San Diego Association of REALTORS® Reports April 2026 Market Sees Sales Dip, Inventory Rises

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market experienced a slight decrease in sales activity during April 2026, with total sales reaching 21, a 7.7% decline year-over-year. Active listings increased to 58, contributing to a months of inventory level of 2.1, according to figures released by the Greater San Diego Association of REALTORS®.

Market Analysis

The Greater San Diego market remains a sellers' market in April 2026. Total sales for the month were 21, a decrease from 28 sales recorded in March 2026, but an increase from the 19 sales in April 2025. New listings stood at 32, while active listings increased to 58 from 55 in March 2026. Active listings were lower than the 61 reported in April 2025.

Months of inventory rose to 2.1 in April 2026, up from 1.8 in March 2026, but still below the 2.5 months recorded in April 2025. The sales-to-new-listings ratio (SNLR) is 65.6%, indicating a strong absorption rate. This suggests that while inventory levels are slightly higher than the prior month, demand continues to absorb a significant portion of new supply, maintaining competitive conditions for buyers.

Property Type Analysis

In April 2026, detached homes recorded 12 sales, while attached homes saw 9 sales. For the 92104 zip code, detached homes had a median price of $1,310,000, experiencing a 13.9% year-over-year increase in median price. These properties sold for 103.1% of their list price with a median of 12 days on market.

Attached homes in 92104 had a median price of $530,000, with no year-over-year change in median price. They sold for 98.3% of their list price and spent a median of 24 days on market. Detached home sales in 92104 decreased by 7.7% year-over-year, aligning with the overall market trend, while attached home sales in the same area surged by 50% year-over-year.

Regional Highlights

The 92104 zip code, specifically North Park, provides a detailed look at sub-market dynamics within the Greater San Diego area. Detached properties in this area saw 18 new listings and 12 closed sales, with a median price of $1,310,000. The months of supply for detached homes in 92104 was 2.1, mirroring the broader regional trend.

Attached properties in 92104 recorded 14 new listings and 9 closed sales. The median price for attached homes was $530,000, with a months of supply at 3.2. These figures, published by the Greater San Diego Association of REALTORS®, highlight varying conditions and strong demand for specific property types within the region.

For Buyers

Buyers navigating the Greater San Diego market in April 2026 face a sellers' market, though active listings have seen a slight increase. Preparedness with financing and a clear understanding of desired property types are crucial. Working closely with a REALTOR® can help identify opportunities and craft competitive offers, especially for properties that move quickly and attract multiple bids.

For Sellers

Sellers continue to benefit from favorable market conditions in April 2026. While the sales-to-new-listings ratio remains strong, strategic pricing and excellent property presentation are key to maximizing returns. Consulting with a REALTOR® ensures properties are positioned effectively to attract serious buyers and achieve optimal outcomes in this competitive environment.