Greater San Diego Association of REALTORS® Market Report for July 2026: Balanced Conditions Persist

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market shows balanced conditions with 21 total sales, a decrease of 15.4% from the previous year. New listings totaled 53, contributing to 116 active listings and a months of inventory figure of 4.8.

Market Analysis

The Greater San Diego real estate market remains balanced as of July 2026, with a total of 21 sales recorded, down from 24 in June 2026 and 25 in July 2025. The decrease in total sales reflects a broader trend of reduced buyer activity, which is evident in the year-over-year sales decline of 15.4%. Despite this, the number of new listings has increased, with 53 properties hitting the market this month, indicating that sellers are still motivated to list their homes amidst changing market dynamics.

Property Type Analysis

Sales activity is fairly evenly split between property types, with 11 detached homes and 10 attached/townhouse units sold in July 2026. The detached market continues to show resilience, while the attached segment faces slightly more competition, as evidenced by the higher months of inventory at 6.2 for attached properties compared to 4.8 for detached homes. This suggests that buyers may find more options in the attached market, but sellers may need to be more strategic in their pricing and marketing efforts.

Regional Highlights

In the 92118 zip code, which encompasses Coronado, the market exhibits notable trends. Detached homes have a median price of $3,500,000, with a closed sales rate of 11 units, while attached homes have a median price of $1,897,500, with 10 units sold. The months of supply for detached homes stands at 4.8, while attached homes show a higher supply at 6.2 months, indicating a more competitive landscape for attached properties.

For Buyers

Prospective buyers are encouraged to take advantage of the current balanced market conditions. With 116 active listings available, buyers have a variety of options to choose from, allowing for more negotiation power. It is advisable to conduct thorough research and work closely with a real estate professional to identify properties that meet their needs and budget.

For Sellers

Sellers should remain proactive in pricing and marketing their properties, especially in the attached segment where competition is slightly higher. With 53 new listings this month, it is crucial for sellers to ensure their homes are well-presented and competitively priced to attract potential buyers. Collaborating with a knowledgeable REALTOR® can help sellers navigate the market effectively.