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 experienced a total of 19 sales, a decrease from 23 in May 2026. The active listings rose slightly to 42, resulting in a months of inventory (MOI) of 2.1, indicating a seller's market.

Market Analysis

The San Diego real estate market continues to show signs of a seller's advantage as inventory remains low relative to demand. With 19 total sales in June, the market reflects a slight decline compared to the 23 sales recorded in May 2026, yet the number of new listings increased to 25. This uptick in new listings is a positive sign for potential buyers, although the overall inventory remains constrained, leading to a strong seller's market with a sales-to-new-listings ratio (SNLR) of 76.0%. This indicates that homes are selling quickly, with properties moving off the market at a brisk pace.

Property Type Analysis

In June, detached homes dominated the sales figures, accounting for 15 of the 19 total sales. The attached and townhouse segment saw a modest performance with 4 sales. The median price for detached homes was reported at $1,300,000, while attached homes had a median price of $630,000, reflecting the ongoing demand for single-family homes in the region. The disparity in sales performance between these property types highlights the preference for detached homes, which continue to attract buyers despite the overall market slowdown in sales volume compared to the previous year.

Regional Highlights

Regionally, the Kensington and Normal Heights areas are showing varied trends. In the 92116 zip code, detached homes have a median price of $1,300,000, with a closed sales percentage of 95.6% of the list price. Meanwhile, attached properties in the same area are experiencing a median price of $630,000, with a higher closed sales percentage of 101.2% of the list price. This suggests that while detached homes are still in demand, attached properties are also performing well, particularly in terms of price relative to their listing.

For Buyers

Potential buyers are encouraged to act swiftly in the current market environment, as inventory remains limited and homes are selling quickly. With a months of inventory at 2.1, buyers should be prepared to make competitive offers, particularly on detached homes, which are in high demand. Engaging with a knowledgeable REALTOR® can provide insights into upcoming listings and help navigate the competitive landscape.

For Sellers

Sellers are in a favorable position, given the current market dynamics. With a strong sales-to-new-listings ratio and a low months of inventory, now is an opportune time to list properties. Sellers should consider pricing their homes competitively to attract multiple offers, potentially driving up the final sale price. Collaborating with a real estate professional can help in crafting a strategic marketing plan to maximize exposure and achieve the best possible outcome.