Greater San Diego REALTORS®: April 2026 Market Sees Reduced Sales Amidst Stable Inventory

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market recorded 17 total sales in April 2026, a decrease from 27 sales in March 2026 and 19 sales in April 2025. Active listings stood at 109, with Months of Inventory at 3.0, indicating a sellers' market condition, according to figures published by the Greater San Diego Association of REALTORS®.

Market Analysis

Total sales in April 2026 reached 17, marking a notable decline from 27 sales in the prior month of March 2026. This figure also represents a decrease compared to the 19 sales recorded in April 2025. Despite the reduction in sales volume, the market maintains its classification as a sellers' market.

New listings for the month totaled 54, contributing to 109 active listings across the Greater San Diego area. Months of Inventory (MOI) remained stable at 3.0, matching the level observed in March 2026. However, this is significantly higher than the 0.7 months of inventory reported in April 2025, suggesting a shift in supply dynamics over the past year. The Sales-to-New-Listings Ratio (SNLR) for April 2026 is 31.5%.

Property Type Analysis

In April 2026, attached properties significantly drove sales activity across Greater San Diego, accounting for 16 of the total 17 sales. Detached homes recorded only one sale during the month. This disparity highlights a strong preference or greater availability within the attached housing segment.

Regional Highlights

Focusing on the 92108 Mission Valley area, specific trends emerge. Detached homes there recorded a median price of $993,000, achieving 99.9% of list price and spending 44 days on market. Attached homes in Mission Valley had a median price of $545,000, selling at 97.3% of list price with 37 days on market. Year-over-year, the median price for attached homes in 92108 decreased by 38.8%, while detached homes saw a 3.7% decline in median price.

For Buyers

With the market favoring sellers, buyers should be prepared for competitive conditions. Securing pre-approval and working closely with a REALTOR® to identify opportunities and submit strong offers is crucial, especially given the stable Months of Inventory and the strong performance of attached properties.

For Sellers

Sellers continue to hold an advantageous position in the market. Strategic pricing, professional staging, and effective marketing are key to attracting serious buyers and maximizing sale potential. Consulting with a REALTOR® provides valuable insights into current market dynamics and buyer expectations, particularly given the shifts in year-over-year pricing in some segments.