Greater San Diego REALTORS®: April 2026 Sales Decline 27.3% Year-Over-Year Amidst Shifting Inventory

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market experiences a notable shift in April 2026, with total sales reaching 22, a 27.3% decrease compared to April 2025. Months of Inventory stands at 2.2, indicating a sellers' market despite the sales slowdown. These figures are published by the Greater San Diego Association of REALTORS®.

Market Analysis

The Greater San Diego housing market reports 22 total sales in April 2026, a significant decline of 27.3% compared to the 34 sales recorded in April 2025. This also represents a decrease from the 30 sales observed in the prior month of March 2026. New listings totaled 45 for the month, contributing to an increase in available properties.

Active listings rose to 91 in April 2026, up from 80 in March 2026 and 77 in April 2025. This increase in inventory, coupled with the sales slowdown, pushed the Months of Inventory to 2.2, compared to 1.7 in March 2026 and 2.0 in April 2025. Despite the rise in inventory, the market remains characterized as a sellers' market, with a Sales to New Listings Ratio (SNLR) of 48.9%, as published by the Greater San Diego Association of REALTORS®.

Property Type Analysis

In April 2026, detached homes accounted for 16 sales, while attached/townhouse properties recorded 6 sales. For the 92115 zip code, detached homes saw a median price of $845,000, reflecting a 15.5% decrease year-over-year, with properties selling at 100% of their list price and a median of 26 days on market.

Conversely, the attached market in the 92115 zip code reported a median price of $461,000, marking a 15.3% increase from the prior year. These properties sold at 99.4% of their list price, also with a median of 26 days on market. Months of supply for detached homes in 92115 stood at 2.2, while attached properties had 3.9 months of supply, indicating varying inventory levels between property types, according to the Greater San Diego Association of REALTORS®.

Regional Highlights

Within the 92115 zip code, market dynamics show distinct trends for different property types. Detached homes experienced a year-over-year median price decrease of 15.5% to $845,000, while attached properties saw a median price increase of 15.3% to $461,000. This divergence highlights localized market variations within the broader Greater San Diego region.

Sales activity in 92115 also reflects these differences, with detached closed sales down 27.3% year-over-year and attached closed sales down 45.5% year-over-year. Inventory levels in this specific area show 2.2 months of supply for detached homes and 3.9 months for attached properties, suggesting a tighter market for detached homes even within this localized context, as reported by the Greater San Diego Association of REALTORS®.

For Buyers

Buyers navigating the Greater San Diego market in April 2026 should note the overall increase in active listings and months of inventory. While the market remains competitive, particularly for detached homes, the rise in available properties may offer more choices. Buyers are advised to be pre-approved for financing and work closely with a REALTOR® to identify opportunities, especially considering the varied price trends and inventory levels across different property types and specific zip codes, as published by the Greater San Diego Association of REALTORS®.

For Sellers

Sellers in the Greater San Diego market continue to benefit from a sellers' market condition in April 2026. However, with active listings on the rise, strategic pricing and property presentation remain crucial to attract offers. Properties in the 92115 zip code, for example, are selling very close to or at list price, indicating strong buyer interest for well-positioned homes. Sellers should consult with their REALTOR® to accurately price their property and prepare it for market to capitalize on current demand, according to the Greater San Diego Association of REALTORS®.