Greater San Diego Association of REALTORS® Reports Strong Sales Growth in July 2026

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market experienced a significant uptick in sales, with a total of 24 properties sold, marking a 41.7% increase compared to July 2025. The market remains competitive, with only 54 active listings and a months of inventory (MOI) of 1.3, indicating a seller's market.

Market Analysis

The Greater San Diego real estate market continues to demonstrate robust demand, as evidenced by the increase in total sales from 17 in July 2025 to 24 in July 2026. The supply of homes remains tight, with only 54 active listings available, contributing to a low months of inventory of 1.3. This scarcity of available homes is driving competition among buyers, reflected in the strong sales-to-new-listings ratio (SNLR) of 66.7%. The market conditions favor sellers, as buyers are compelled to act quickly in order to secure properties.

Property Type Analysis

In July 2026, detached homes accounted for the majority of sales, with 17 transactions, while attached properties, including townhouses, saw 7 sales. The detached market remains particularly competitive, with a median price of $1,035,000 and a days on market (DOM) of just 19 days, indicating strong buyer interest. In contrast, the attached market, while stable, shows a longer DOM of 47 days and a higher months supply of 5.4, suggesting a slightly less competitive environment for these properties.

Regional Highlights

The San Carlos neighborhood, identified by ZIP code 92119, reflects these broader market trends, with 18 new listings and 21 pending sales in July 2026. The median price for detached homes in this area is $1,035,000, down 6.8% year-over-year, while attached homes have a median price of $465,000, down 9.7%. Despite the price declines, the number of closed sales for both property types has increased, indicating a resilient market.

For Buyers

Buyers are advised to act swiftly in the current market, as the low inventory levels and high demand mean that desirable properties are likely to sell quickly. It is essential for buyers to be pre-approved for financing and to have a clear understanding of their budget to make competitive offers.

For Sellers

Sellers are in a favorable position given the current market dynamics. With a strong sales-to-new-listings ratio and low months of inventory, sellers should consider pricing their homes competitively to attract multiple offers. Additionally, staging and presenting homes well can further enhance appeal and potentially lead to quicker sales.