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 18 sales, a decrease of 18.8% compared to the same month last year. New listings totaled 22, while active listings stood at 46, resulting in 3.1 months of inventory.

Market Analysis

The San Diego real estate market continues to show signs of a seller's advantage, with a strong sales-to-new-listings ratio of 81.8%. Despite a slight increase in total sales from 17 in May to 18 in June, the year-over-year decline indicates a cooling trend in buyer activity. The current months of inventory at 3.1 suggests that while supply is somewhat stable, it remains lower than the 4.4 months recorded in June 2025, highlighting ongoing demand pressures in the market.

Property Type Analysis

In June 2026, detached homes accounted for the majority of sales with 13 transactions, while attached and townhouse properties saw 5 sales. This distribution indicates a continued preference for detached homes, which typically offer more space and privacy. The market for attached properties, while smaller, remains competitive, with a sales-to-new-listings ratio of 83.3%, suggesting that buyers are actively pursuing these options as well.

Regional Highlights

Regionally, the Point Loma area reflects a robust market with a median price of $2,320,000 for detached homes, which is 3% above the list price. The inventory of detached homes stands at 37, with a months supply of 3.1, indicating a balanced market that favors sellers. In contrast, the attached property segment shows a median price of $1,025,000, slightly below the list price, which may indicate a more competitive landscape for buyers in that category.

For Buyers

For buyers, the current market conditions present an opportunity to negotiate, particularly in the attached property segment where competition is slightly less intense. It is advisable for buyers to act swiftly on listings that meet their criteria, as the sales-to-new-listings ratio indicates a strong demand for available properties.

For Sellers

Sellers should take advantage of the current seller's market by pricing their homes competitively and preparing for potential multiple offers. With a low months of inventory, homes that are well-presented and priced correctly are likely to attract significant interest and may sell above the asking price.