Greater San Diego Association of REALTORS®: April 2026 Market Sees Sales Surge 45.5% Year-Over-Year Amidst Seller's Market

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market experienced a notable increase in sales activity during April 2026, with total sales reaching 22, a significant 45.5% increase compared to April 2025. This surge in demand contributes to a prevailing seller's market, as reported by the Greater San Diego Association of REALTORS®.

Market Analysis

The Greater San Diego market demonstrates characteristics of a seller's market in April 2026. Total sales for the month stood at 22, an increase from 16 sales recorded in March 2026, and matching the 22 sales from April 2025. New listings totaled 41, while active listings reached 40, an increase from 25 active listings in March 2026 and 32 in April 2025. The Sales-to-New-Listings Ratio (SNLR) is 53.7%, indicating strong absorption of new inventory.

Months of Inventory (MOI) for April 2026 is 1.1 months, an increase from 0.6 months in March 2026 and 0.9 months in April 2025. While inventory levels show a slight upward trend, they remain low, contributing to the competitive environment. The substantial year-over-year increase in total sales underscores robust buyer interest in the region.

Property Type Analysis

In April 2026, detached homes accounted for the majority of sales, with 16 transactions, while attached/townhouse properties recorded 6 sales. For the 92119 San Carlos area, detached homes saw 16 closed sales, a 45.5% increase year-over-year, with a median price of $1,103,000, a decrease of 11.7% from the prior year. These homes sold for 100.7% of their list price and spent an average of 9 days on the market.

Attached properties in 92119 San Carlos recorded 6 closed sales, a 50% decrease year-over-year, with a median price of $491,250, an increase of 8.6% from the prior year. These properties also sold for 100.7% of their list price but took longer to sell, averaging 42 days on the market. New listings for detached homes in this area were 26, while attached homes saw 15 new listings.

Regional Highlights

Focusing on the 92119 San Carlos area, the market dynamics reflect broader regional trends. Detached homes show 1.1 months of supply with 15 units in inventory, indicating a tight market. Attached homes, however, present a slightly more balanced picture with 3.3 months of supply and 25 units in inventory. The rapid sale of detached homes, averaging 9 days on market, highlights strong demand in this segment.

Both detached and attached properties in 92119 San Carlos are selling at 100.7% of their list price, suggesting that properties are generally meeting or exceeding seller expectations. The significant year-over-year increase in detached home sales (45.5%) contrasts with a decrease in attached home sales (-50%) for this specific area, illustrating varied performance across property types.

For Buyers

In a seller's market with low months of inventory, buyers in the Greater San Diego area should be prepared for competitive conditions. Securing pre-approval for financing is crucial, and acting swiftly with strong, well-researched offers can improve success rates. Flexibility on terms and a clear understanding of market values, especially for specific property types and neighborhoods, are key strategies.

For Sellers

Sellers in the Greater San Diego market benefit from current conditions, characterized by strong demand and limited inventory. Strategic pricing remains important to attract maximum interest, but the high Sales-to-New-Listings Ratio suggests that well-priced properties are likely to sell quickly. Leveraging professional marketing and presentation can further enhance a property's appeal and potentially lead to offers at or above list price.