Greater San Diego Association of REALTORS® Reports July 2026 Market Trends

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market experienced a significant decrease in total sales, with only 23 transactions recorded, down 50% year-over-year. New listings totaled 32, while active listings reached 70, resulting in a months of inventory of 2.3.

Market Analysis

The Greater San Diego real estate market is currently favoring sellers, as indicated by a strong sales-to-new-listings ratio (SNLR) of 71.9%. Despite a decrease in total sales compared to the previous month and year, the market remains relatively tight with only 2.3 months of inventory available. This suggests that demand continues to outpace supply, although the sharp decline in sales indicates potential challenges for sellers in attracting buyers at current price points.

Property Type Analysis

In July, detached homes accounted for 6 sales, while attached homes, including townhouses, saw a more robust performance with 17 sales. The market for attached properties appears to be more resilient, with a year-over-year increase in closed sales by 30.8%, contrasting with the decline in detached sales. This trend highlights a shifting preference among buyers towards more affordable attached options in the current economic climate.

Regional Highlights

Within the 92110 zip code area, the detached market saw 6 closed sales with a median price of $1,392,500, reflecting a 10.2% decrease year-over-year. Conversely, the attached market in the same region reported 17 closed sales at a median price of $577,000, which is a slight increase of 2.1% from the previous year, indicating a growing interest in this segment despite overall market challenges.

For Buyers

Prospective buyers are encouraged to act swiftly in the current market, as the low months of inventory suggest that desirable properties may not remain available for long. Buyers should be prepared to make competitive offers, particularly on attached homes, which are currently experiencing higher demand.

For Sellers

Sellers are advised to carefully consider their pricing strategies in light of the recent drop in sales. With a strong SNLR, there is still an opportunity to attract buyers, but pricing homes competitively will be crucial to achieving successful sales in this evolving market.