Greater San Diego Association of REALTORS®: April 2026 Market Report Highlights Tight Inventory, Seller's Conditions

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego Association of REALTORS® reports 24 total sales in April 2026, with months of inventory at 1.1, indicating a seller's market. This represents a decrease from 29 sales in March 2026 and 30 sales in April 2025.

Market Analysis

The Greater San Diego market recorded 24 total sales in April 2026, a decline from 29 sales in the prior month and 30 sales in April 2025. New listings totaled 36, while active listings remained stable at 45 compared to March 2026, but decreased from 53 active listings in April 2025. This trend suggests a tightening supply of available homes over the past year.

Months of inventory stood at 1.1 in April 2026, down from 1.3 in March 2026 and 1.4 in April 2025, reinforcing the current seller's market conditions. The sales-to-new-listings ratio (SNLR) of 66.7% further indicates strong buyer demand relative to new supply, with more than two-thirds of new listings being absorbed by sales during the period.

Property Type Analysis

Breaking down sales by property type, detached homes accounted for 16 sales, while attached/townhouse properties saw 8 sales in April 2026. This indicates a higher volume of transactions for detached homes compared to attached properties across the region.

In the 92111 zip code, detached homes demonstrated a median price of $938,000, selling at 101.4% of list price with an average of 15 days on market. Months of supply for detached homes in this area was 1.1. Attached properties in the same zip code had a median price of $677,500, selling at 98.3% of list price with 39 days on market, and a months of supply of 2.2. These figures suggest detached homes are moving faster and achieving higher percentages of their asking price.

Regional Highlights

Focusing on the 92111 zip code (Linda Vista), the market shows distinct performance between property types. Detached homes recorded 16 new listings and 16 closed sales, with a median price of $938,000. The median price for detached homes in this area saw a year-over-year decrease of 19.5%.

Attached properties in 92111 had 20 new listings and 8 closed sales, with a median price of $677,500. The median price for attached homes experienced a year-over-year decrease of 4.1%, and closed sales for attached properties were down 50% year-over-year. These localized trends highlight varied market dynamics within the broader San Diego region.

For Buyers

In a market characterized by tight inventory and seller's conditions, prospective buyers should be prepared to act decisively. Securing pre-approval for financing and being ready to submit competitive offers quickly can be crucial for success, especially for highly sought-after properties.

For Sellers

Sellers benefit from the current market's low months of inventory and strong sales-to-new-listings ratio. While demand is robust, strategic pricing remains important, as evidenced by some year-over-year price adjustments in specific segments. Preparing homes for market to maximize appeal can help attract strong offers.