Greater San Diego Association of REALTORS® Reports Strong Sales Growth in May 2026

Greater San Diego Association of REALTORS® — May 2026

In May 2026, the Greater San Diego real estate market experienced a notable increase in sales, with a total of 22 properties sold, marking a 23.1% year-over-year increase compared to May 2025. The market remains competitive for sellers, with 54 active listings and a months of inventory (MOI) of 2.4.

Market Analysis

The Greater San Diego real estate market continues to show resilience, characterized by a strong demand for homes amid limited inventory. With 30 new listings introduced in May, the total active listings rose to 54, yet the market remains tight, reflected in the 2.4 months of inventory available. The sales-to-new-listings ratio (SNLR) stands at an impressive 73.3%, indicating that a significant portion of new listings is being absorbed quickly by buyers, reinforcing the seller's market condition.

Property Type Analysis

In terms of property types, detached homes dominate the sales figures, with 16 sales recorded in May. Meanwhile, attached homes, including townhouses, accounted for 6 sales. The detached market shows a robust performance, while the attached segment, despite fewer sales, maintains a competitive edge with a median price of $467,500 and a strong percentage of list price achieved at 99.7%. This suggests that buyers are actively seeking both detached and attached properties, albeit with varying levels of competition and pricing dynamics.

Regional Highlights

Focusing on the City Heights area (zip code 92105), the market reflects similar trends, with 21 new listings and 16 closed sales. The median price for detached homes in this region is reported at $768,500, showing a year-over-year increase of 7.2%. The inventory remains tight with 26 homes available, resulting in a 2.4 months supply, which aligns with the broader market trends of low inventory and high demand.

For Buyers

Prospective buyers are encouraged to act swiftly in the current market, as properties are being sold quickly due to limited inventory. It is advisable to get pre-approved for financing and to be prepared to make competitive offers, as the high sales-to-new-listings ratio indicates a fast-paced market.

For Sellers

Sellers should take advantage of the current market dynamics by pricing their homes competitively and ensuring they are in excellent condition for showings. With a strong demand reflected in the sales growth and a favorable SNLR, sellers can expect to attract serious buyers quickly.