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

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market experienced a notable increase in sales, with a total of 26 properties sold, reflecting a 25% year-over-year growth. New listings totaled 22, while active listings decreased to 42, indicating a competitive environment for buyers.

Market Analysis

The San Diego real estate market remains firmly in favor of sellers, as evidenced by a strong sales-to-new-listings ratio (SNLR) of 118.2%. With only 1.4 months of inventory available, the market is characterized by limited supply and heightened demand. This trend is further underscored by the increase in sales from 17 in May to 26 in June, suggesting a robust recovery and growing buyer interest in the region.

Property Type Analysis

In June, detached homes dominated the sales landscape with 25 transactions, while the attached/townhouse segment saw only one sale. The disparity in sales activity highlights the ongoing preference for detached properties, which are often viewed as more desirable in the current market. The limited number of attached units available may contribute to the slower sales pace in that category, with a significant months of inventory at 6.9 for attached properties compared to just 1.4 for detached homes.

Regional Highlights

The Encanto area, specifically ZIP code 92114, showcases a vibrant market with 25 closed sales of detached homes and a median price of $773,600. The area has shown resilience with a year-over-year increase in closed sales by 25%, indicating strong buyer demand. Meanwhile, the attached market in the same region remains sluggish, with only one sale and a median price of $850,000, reflecting a potential opportunity for buyers looking for less competition.

For Buyers

Prospective buyers should act swiftly in the current market, as the low inventory levels and high demand create a competitive landscape. It is advisable for buyers to get pre-approved for financing and be prepared to make quick decisions on properties that meet their criteria.

For Sellers

Sellers are in a favorable position to capitalize on the current market dynamics. With a strong sales-to-new-listings ratio and limited inventory, homeowners considering selling should ensure their properties are well-prepared for showings to attract serious buyers and potentially receive competitive offers.