Greater San Diego Association of REALTORS®: April 2026 Market Sees Sales Surge 72.7% Year-Over-Year Amidst Tight Inventory

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market experienced a significant surge in sales during April 2026, with total sales reaching 24, a 72.7% increase compared to April 2025. Figures published by the Greater San Diego Association of REALTORS® indicate that months of inventory tightened to 1.1, signaling a robust sellers' market.

Market Analysis

The Greater San Diego market in April 2026 demonstrates strong demand and limited supply. Total sales of 24 units represent a notable increase from 20 sales in March 2026 and a substantial 72.7% rise compared to April 2025. New listings totaled 21 for the month, while active listings stood at 40, a decrease from 47 in March 2026 and 45 in April 2025. This reduction in available homes contributes to the tightening market conditions.

Months of inventory dropped to 1.1 in April 2026, down from 1.8 in March 2026 and 1.9 in April 2025, further solidifying the market as favorable for sellers. The sales price to new listing ratio (SNLR) of 114.3% indicates that demand is outpacing new supply, with properties often selling above their initial listing price. This environment reflects a competitive landscape for buyers.

Property Type Analysis

A breakdown by property type reveals that detached homes accounted for the majority of sales in April 2026, with 19 transactions. Attached homes and townhouses saw 5 sales during the same period. This distribution highlights the continued preference or availability of detached properties in the market.

In the 92105 area, detached homes closed 19 sales with a median price of $750,000, spending an average of 29 days on market and achieving 97.8% of their list price. Months of supply for detached homes in this region was 1.1. Attached homes in 92105 recorded 5 closed sales at a median price of $475,000, with a longer average of 68 days on market and securing 98% of their list price. Attached months of supply in 92105 stood at 3.6.

Regional Highlights

Regional data from the 92105 area provides further insight into market dynamics. Detached homes in 92105 experienced a significant year-over-year increase in closed sales, rising by 72.7%. However, the median price for detached homes in this specific area saw a slight decrease of 1.3% year-over-year. New listings for detached homes in 92105 were 11, with 13 active listings and 1.1 months of supply.

Conversely, attached homes in 92105 saw a 50% year-over-year decline in closed sales, and their median price decreased by 2.9% compared to the prior year. New listings for attached homes in 92105 totaled 10, with 27 active listings and 3.6 months of supply. These figures suggest varying performance across property types within specific submarkets.

For Buyers

In this competitive sellers' market, prospective buyers should prepare for swift decision-making and potentially multiple-offer scenarios. Securing pre-approval for financing is crucial, and working closely with a REALTOR® to identify new listings quickly can provide an advantage. Flexibility on terms and a clear understanding of market value are key strategies for success.

For Sellers

With months of inventory at 1.1 and a high SNLR of 114.3%, sellers are in a strong position. Professional staging and strategic pricing can maximize interest and potentially lead to multiple offers. Sellers should be prepared for a relatively quick sale process and consult with a REALTOR® to navigate offers effectively.