Greater San Diego Association of REALTORS®: April 2026 Market Sees Sales Dip Amidst Tight Inventory, Sustaining Seller's Market

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market reports 36 total sales in April 2026, a 25.6% decrease compared to April 2025. Months of inventory stands at 1.1, indicating a continuing seller's market according to figures published by the Greater San Diego Association of REALTORS®.

Market Analysis

The Greater San Diego housing market remains a seller's market in April 2026, characterized by tight inventory levels. Total sales for the month reached 36, a slight decrease from 37 sales recorded in March 2026 and a notable 25.6% decline compared to 40 sales in April 2025. New listings totaled 51, while active listings stood at 53, contributing to a constrained supply environment.

Months of inventory (MOI) for April 2026 is reported at 1.1, an increase from 0.9 in March 2026 but still significantly lower than the 1.7 months observed in April 2025. This low MOI, coupled with a sales-to-new-listings ratio (SNLR) of 70.6%, underscores the persistent demand relative to available homes. These figures, published by the Greater San Diego Association of REALTORS®, indicate that buyers continue to face competitive conditions.

Property Type Analysis

In April 2026, detached homes accounted for the majority of sales with 29 transactions, while attached/townhouse properties recorded 7 sales across the Greater San Diego area. The performance of these property types varies, reflecting different market dynamics.

For example, in the 92117 zip code (Clairemont), detached homes sold for a median price of $1,228,000, achieving 99.8% of their list price with a median of 16 days on market. Attached homes in Clairemont recorded a median price of $622,000, selling at 96.5% of list price with 43 days on market, as reported by the Greater San Diego Association of REALTORS®.

Regional Highlights

Regional market trends, exemplified by data from the 92117 zip code (Clairemont), show varied performance across property types. Detached homes in Clairemont demonstrate strong pricing power, with a median sale price of $1,228,000 and properties selling close to asking at 99.8% of list price. The median days on market for detached homes in this area is 16 days, reflecting quick absorption of available inventory.

Conversely, the attached segment in Clairemont shows a different dynamic. While the median days on market for attached homes is longer at 43 days, this segment experienced a significant 40% year-over-year increase in closed sales, alongside an 18.5% year-over-year rise in median price, according to figures published by the Greater San Diego Association of REALTORS®.

For Buyers

Buyers in the Greater San Diego market should be prepared for competitive conditions, particularly given the low months of inventory at 1.1. Securing pre-approval for financing and being ready to act quickly on desirable properties are crucial strategies. Working with a knowledgeable REALTOR® can provide an advantage in navigating multiple offer situations and understanding specific neighborhood dynamics.

For Sellers

Sellers in the Greater San Diego area continue to benefit from a seller's market, with a sales-to-new-listings ratio of 70.6% indicating strong buyer interest. While overall sales have seen a year-over-year decline, well-priced and well-presented homes are likely to attract multiple offers and sell quickly. Consulting with a REALTOR® to strategically price and market a property is essential to capitalize on current market conditions.