Greater San Diego REALTORS® April 2026 Market Report: Inventory Remains Tight Amidst Seller's Market Conditions

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego Association of REALTORS® reports a total of 16 sales in April 2026, reflecting a tight market with 51 active listings. Months of inventory stands at 1.8, indicating a strong seller's market as new listings totaled 34 for the month.

Market Analysis

According to figures released by the Greater San Diego Association of REALTORS®, the market in April 2026 remains firmly in favor of sellers, characterized by 51 active listings and 1.8 months of inventory. Total sales for the month reached 16, a decrease from the 28 sales recorded in March 2026, but an increase compared to the 15 sales in April 2025.

Supply dynamics show 34 new listings entering the market in April, contributing to the overall active listing count. The sales-to-new-listings ratio (SNLR) stands at 47.1%, indicating that nearly half of new listings are absorbed by sales within the period. Active listings have slightly decreased from 53 in March 2026 and significantly from 62 in April 2025, further tightening the market.

Property Type Analysis

A breakdown of property types reveals that attached properties, including townhouses, accounted for 9 sales in April 2026, slightly outperforming detached homes, which recorded 7 sales. This distribution highlights continued demand across different housing segments within the Greater San Diego area.

Regional Highlights

In the 92110 Morena area, the market exhibits distinct trends. Detached homes saw 13 new listings and 7 closed sales, with a median price of $1,400,000. These homes sold, on average, for 103.6% of their list price and spent 12 days on the market. The months of supply for detached homes in this specific region was 1.8.

Attached properties in 92110 Morena recorded 21 new listings and 9 closed sales. The median price for attached homes was $685,000, with properties selling for 98.8% of their list price after an average of 29 days on the market. The months of supply for attached homes in Morena was 2.6. While detached home median prices in 92110 experienced a year-over-year decrease of 9.1%, attached home median prices saw a 5.4% increase year-over-year, and closed sales for attached homes increased by 28.6% year-over-year in this specific sub-market.

For Buyers

In a seller's market with limited inventory, prospective buyers in the Greater San Diego area should be prepared for competitive conditions. Acting swiftly on desirable properties and having pre-approved financing can strengthen offers. Buyers may also consider exploring a wider range of property types or locations to find suitable options.

For Sellers

Sellers in the Greater San Diego market are well-positioned due to low inventory and strong demand. Pricing homes strategically and presenting them in optimal condition can attract multiple offers. Consulting with a REALTOR® to understand local market nuances and effective negotiation strategies is advisable to maximize sale potential.