Greater San Diego REALTORS®: April 2026 Market Sees Sales Decline 35.3% Year-Over-Year Amidst Shifting Inventory

Greater San Diego Association of REALTORS® — April 2026

Total sales in the Greater San Diego market reached 27 in April 2026, marking a significant 35.3% decrease compared to April 2025. Months of inventory stood at 3.1, indicating a sellers' market condition, according to figures published by the Greater San Diego Association of REALTORS®.

Market Analysis

The Greater San Diego housing market recorded 27 total sales in April 2026, a notable decline of 35.3% from the 32 sales observed in April 2025. This also represents a slight decrease from the 28 sales reported in March 2026. New listings totaled 66, while active listings reached 110, contributing to a sales-to-new-listings ratio (SNLR) of 40.9%.

Months of inventory (MOI) for April 2026 was 3.1, an increase from 2.6 in March 2026 but a decrease from 3.5 in April 2025. Despite the increase in MOI from the prior month, the market remains characterized as a sellers' market, reflecting continued demand relative to available supply.

Property Type Analysis

A breakdown by property type reveals 11 detached home sales and 16 attached/townhouse sales in April 2026. In the 92109 zip code, detached homes saw 11 closed sales, a 35.3% year-over-year decrease, with a median price of $1,812,765, which is an 8.2% decline from the prior year. These homes spent an average of 59 days on market and sold for 95.5% of their list price.

Conversely, attached properties in the 92109 area experienced 16 closed sales, an increase of 23.1% year-over-year. The median price for attached homes was $1,135,000, representing a 7.1% year-over-year increase. Attached properties moved more quickly, with an average of 33 days on market, and achieved 96.4% of their list price.

Regional Highlights

Analysis of the 92109 zip code, encompassing Pacific Beach and Mission Beach, highlights divergent trends between property types. While detached home sales and median prices experienced year-over-year declines, attached properties demonstrated robust growth in both sales volume and median price. This suggests localized market dynamics where attached housing remains highly competitive, potentially due to affordability relative to detached homes or specific buyer preferences in this coastal region.

For Buyers

Buyers in the Greater San Diego market, particularly for attached properties, should be prepared for competitive conditions and act decisively. While the overall market favors sellers, the longer days on market for detached homes in some areas, such as 92109, may present opportunities for negotiation. Consulting with a REALTOR® is crucial to navigate these varied market segments effectively.

For Sellers

Sellers continue to benefit from a sellers' market condition in Greater San Diego. For attached properties, especially in areas like 92109, strong demand and price appreciation suggest favorable selling conditions. Detached home sellers should focus on strategic pricing and presentation to attract buyers, considering the slight increase in months of inventory and longer days on market observed in some submarkets.