Greater San Diego Association of REALTORS® Market Report - May 2026

Greater San Diego Association of REALTORS® — May 2026

In May 2026, the Greater San Diego real estate market shows continued strength with a total of 30 sales, reflecting a 23.1% increase compared to May 2025. New listings rose to 37, while active listings reached 57, indicating a competitive environment for sellers.

Market Analysis

The San Diego real estate market remains firmly in favor of sellers, with a months of inventory (MOI) at just 1.4. This low inventory level, combined with a strong sales-to-new-listings ratio (SNLR) of 81.1%, suggests that demand continues to outpace supply. The increase in total sales from 24 in April to 30 in May further underscores the market's resilience, despite ongoing economic uncertainties.

Comparing year-over-year data, total sales have risen from 26 in May 2025 to 30 in May 2026, showcasing a robust recovery and sustained interest in the housing market. However, the lack of available benchmark prices limits a comprehensive analysis of price trends, leaving potential buyers and sellers to navigate the market with caution as they assess value in this dynamic environment.

Property Type Analysis

In May 2026, detached homes accounted for 16 of the total sales, while attached homes and townhouses contributed 14 sales. The performance of detached properties remains strong, with a median days on market (DOM) of just 20 days, indicating high demand. Conversely, attached properties have a longer DOM of 31 days, reflecting a slightly slower pace in that segment, although they still demonstrate solid sales figures.

The disparity in inventory levels is notable, with 21 detached homes available compared to 36 attached homes. This suggests that buyers may find more options in the attached segment, but the quicker turnover of detached homes highlights a preference for single-family residences in the current market.

Regional Highlights

Regionally, the Linda Vista area (zip code 92111) shows promising trends, with 17 new listings and 16 closed sales for detached homes, achieving a median price of $1,182,500. The attached market in the same region also remains active, with 20 new listings and 14 closed sales, although the median price is lower at $727,450. These figures indicate a healthy demand across different property types, with buyers actively pursuing homes in this desirable neighborhood.

For Buyers

Prospective buyers are advised to act quickly in the current market, as low inventory levels and high demand can lead to competitive bidding situations. It is essential for buyers to be pre-approved for financing and to have a clear understanding of their budget to make informed decisions when new listings become available.

For Sellers

Sellers are encouraged to take advantage of the current market conditions by pricing their homes competitively and preparing for potential multiple offers. With the strong sales activity and low months of inventory, now is an opportune time to list properties, especially if they are well-maintained and located in desirable neighborhoods.