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

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market experienced a total of 15 sales, a decrease of 18.2% compared to the same month last year. New listings rose to 27, while active listings increased to 56, resulting in a months of inventory of 2.5.

Market Analysis

The Greater San Diego real estate market continues to show signs of a seller's market, with a significant sales-to-new-listings ratio (SNLR) of 55.6%. Despite the decrease in total sales from 22 in May 2026 to 15 in June 2026, the number of new listings has increased, indicating that sellers are responding to ongoing demand. The months of inventory remains relatively low at 2.5, suggesting that properties are still being absorbed quickly, although at a slower pace than in previous months.

Property Type Analysis

In June, detached homes accounted for 9 of the total sales, while attached properties, including townhouses, contributed 6 sales. The demand for detached homes remains strong, despite the overall decline in sales year-over-year. The attached market, while experiencing a notable increase in closed sales compared to last year, shows a median price decrease of 17.7%, indicating a shift in buyer preferences and affordability challenges.

Regional Highlights

The City Heights area, represented by the 92105 zip code, has shown a mixed performance in June 2026. Detached homes in this region had a median price of $745,000, with closed sales down 18.2% year-over-year. In contrast, the attached market in the same area saw a remarkable 50% increase in closed sales, with a median price of $409,613, suggesting a growing interest in more affordable housing options.

For Buyers

Buyers are encouraged to act swiftly in the current market, as the low months of inventory indicates that desirable properties may not remain available for long. With new listings on the rise, potential buyers should be prepared to make competitive offers to secure their preferred homes.

For Sellers

Sellers should take advantage of the current seller's market by pricing their homes competitively and ensuring they are in good condition to attract buyers. With an increasing number of new listings, it is essential to differentiate properties through effective marketing strategies and by highlighting unique features that appeal to buyers.