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

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market saw a total of 28 sales, a 19% decrease from the same month last year. New listings increased to 56, contributing to a total of 102 active listings, resulting in a months of inventory (MOI) of 2.2.

Market Analysis

The San Diego real estate market continues to exhibit seller-favorable conditions despite a decline in total sales compared to the previous year. With a sales-to-new-listings ratio (SNLR) of 50.0%, the market remains competitive, although the total sales have decreased from 30 in May 2026 and 32 in June 2025. The current inventory level of 102 active listings indicates a tight market, but the increase in new listings suggests that sellers are responding to the demand dynamics.

Property Type Analysis

In June 2026, detached homes accounted for 17 of the total sales, while attached homes, including townhouses, contributed 11 sales. The detached market shows resilience with a median days on market of 26 days, compared to 46 days for attached properties, indicating a quicker turnover for single-family homes. The median price trends for these property types are not available, but the sales figures reflect a strong preference for detached homes in the current market.

Regional Highlights

Regionally, the 92115 area, which includes College, has seen a mix of new listings and pending sales, with 28 new listings and 20 pending sales reported. The median price for detached homes in this area is $950,000, reflecting a year-over-year increase of 5.7%, while attached homes have a median price of $525,000, up 8.2% from the previous year. This indicates a healthy demand for homes in these neighborhoods despite the overall decrease in sales volume.

For Buyers

Buyers are encouraged to act swiftly in the current market, as the low months of inventory suggests that desirable properties may not remain available for long. With new listings on the rise, potential buyers should stay informed and be prepared to make competitive offers to secure their desired homes.

For Sellers

Sellers should leverage the current seller's market by pricing their homes competitively and ensuring they are in excellent condition to attract buyers. With a strong SNLR and a relatively low inventory, now is an opportune time to list properties, but sellers should also be mindful of the year-over-year sales decline and adjust their expectations accordingly.