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

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market continued to show strong momentum, with total sales increasing by 27.3% year-over-year to 36 transactions. The market remains competitive for sellers, with only 1.2 months of inventory available and a sales-to-new-listings ratio of 52.9%.

Market Analysis

The Greater San Diego real estate market is currently characterized by a seller's advantage, driven by limited inventory and strong buyer demand. With only 71 active listings and 68 new listings introduced in July, the market is experiencing a tight supply situation. The months of inventory remains at a low 1.2, indicating that homes are selling quickly, which is reflected in the 52.9% sales-to-new-listings ratio. This dynamic suggests that buyers are competing for available properties, leading to a favorable environment for sellers.

Property Type Analysis

In July, detached homes accounted for the majority of sales, with 28 transactions, while attached homes and townhouses saw 8 sales. The detached market remains robust, reflecting the ongoing demand for single-family homes in the region. The contrasting performance of attached properties, which have a higher months of inventory at 4.9, indicates a more balanced market for these types of homes, suggesting that buyers may have more options in this segment.

Regional Highlights

Focusing on the Clairemont area (zip code 92117), the market shows promising trends with 49 new listings and 40 pending sales. The median price for detached homes in this region reached $1,266,000, reflecting a 21.8% increase year-over-year. In contrast, attached homes in Clairemont have a median price of $542,500, with closed sales increasing by 33.3% compared to last year, highlighting the growing interest in this property type.

For Buyers

Prospective buyers in the Greater San Diego area should be prepared for a competitive market. With limited inventory and rising prices, it is advisable to act quickly when a suitable property becomes available. Buyers should also consider getting pre-approved for financing to strengthen their position in negotiations.

For Sellers

Sellers in the current market conditions are well-positioned to capitalize on the high demand. With low inventory levels and a favorable sales-to-new-listings ratio, pricing homes competitively and ensuring they are in good condition can attract multiple offers. Sellers should work closely with their REALTOR® to develop a strategic marketing plan that highlights the unique features of their property.