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 remains competitive with a total of 28 sales, consistent with the previous month. New listings increased to 47, while active listings rose to 62, indicating a slight shift in supply dynamics.

Market Analysis

The San Diego real estate market continues to show signs of seller dominance, with a months of inventory (MOI) at just 1.0, indicating a tight market. The sales-to-new-listings ratio (SNLR) stands at 59.6%, reflecting a healthy demand relative to the number of new listings entering the market. However, total sales have decreased by 26.3% year-over-year, suggesting that while demand remains strong, it is not enough to offset the decline in sales activity compared to last year.

Property Type Analysis

Sales in July were evenly split between detached and attached properties, with each category recording 14 sales. Detached homes saw a median price of $1,121,000, which is up 6.8% year-over-year, while attached homes had a median price of $611,000, down 17.2% from the previous year. This divergence in price trends highlights the varying dynamics within the property types, with detached homes maintaining their value better than attached properties.

Regional Highlights

In the 92111 zip code, new listings for detached homes totaled 15, with a closed sales count of 14 and a median price of $1,121,000. In contrast, the attached market saw 32 new listings and 14 closed sales, with a median price of $611,000. The inventory levels for detached homes remain low at 15, contributing to a competitive environment, while the attached market has a higher inventory of 47, suggesting a more balanced supply.

For Buyers

Prospective buyers should act quickly in the current market, as the low months of inventory indicates that homes are selling rapidly. With a competitive landscape, buyers may need to be prepared to make swift decisions and potentially offer above the asking price to secure a property.

For Sellers

Sellers are advised to take advantage of the current market conditions by pricing their homes competitively and ensuring they are well-presented. With a strong demand and low inventory, homes that are marketed effectively are likely to attract multiple offers, potentially leading to favorable selling conditions.