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

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market saw a total of 27 sales, a slight increase from 25 in June. The active listings decreased to 118, contributing to a months of inventory figure of 3.9, indicating a seller's market.

Market Analysis

The San Diego real estate market continues to show signs of stability with total sales remaining flat year-over-year at 27 transactions in July 2026, compared to 30 in July 2025. The decrease in active listings from 144 in June to 118 in July has tightened supply, pushing the months of inventory down to 3.9. This suggests that demand is outpacing supply, which is characteristic of a seller's market, as evidenced by a strong sales-to-new-listings ratio of 69.2%.

Property Type Analysis

In July, the attached/townhouse segment dominated sales with 26 transactions, while the detached market saw only 1 sale. The median price for attached properties was reported at $544,000, reflecting a competitive landscape as buyers are gravitating towards more affordable options amidst limited inventory. The detached market, although less active, still holds potential for buyers seeking single-family homes, albeit at a higher price point.

Regional Highlights

The Mission Valley area, specifically zip code 92108, reflects the broader trends in San Diego, with 1 detached home sold at a median price of $910,000 and 26 attached homes sold at a median of $544,000. The inventory levels in this region indicate a tight market, with only 5 detached homes available, leading to a months supply of 3.9 for detached properties and 5.4 for attached properties. The year-over-year median price for detached homes has decreased by 11.4%, while attached homes have seen a 10% decline, indicating a shift in buyer preferences and market dynamics.

For Buyers

For buyers, the current market conditions suggest acting quickly, especially for attached properties, as inventory remains limited and competition is high. Buyers should be prepared to make competitive offers and consider exploring financing options to enhance their purchasing power.

For Sellers

Sellers are in a favorable position with the current market dynamics. With a sales-to-new-listings ratio of 69.2%, it is an opportune time to list properties, particularly attached homes, as demand continues to outstrip supply. Sellers should ensure their homes are well-prepared for showings to attract potential buyers and maximize their sale price.