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 experienced a notable increase in sales, with a total of 25 properties sold, marking a 5.0% year-over-year increase. The market remains competitive for sellers, with only 56 active listings and a months of inventory (MOI) of 1.7.

Market Analysis

The Greater San Diego real estate market continues to favor sellers, evidenced by a strong sales performance and a low months of inventory figure. With 25 total sales in July, up from 14 in June, the demand for homes remains robust despite a slight decrease in total sales compared to July 2025, which recorded 27 sales. The sales-to-new-listings ratio (SNLR) stands at 61.0%, indicating that more than half of the new listings are being absorbed by the market, further tightening inventory levels.

Property Type Analysis

In July, detached homes dominated the market with 21 sales, while attached properties, including townhouses, accounted for 4 sales. The detached segment continues to show resilience, with a median days on market of 26 days, suggesting a quicker turnover compared to attached properties, which had a median days on market of 72 days. This disparity highlights the ongoing preference for detached homes among buyers in the current market.

Regional Highlights

Focusing on the 92120 zip code, the Allied Gardens and Del Cerro areas show significant activity, with 24 new listings and 21 closed sales for detached homes. The median price for these homes is $1,231,125, reflecting a competitive market where homes are selling for approximately 98.1% of their list price. In contrast, the attached market in the same region has seen a decline in closed sales, down 42.9% year-over-year, with a median price of $444,500.

For Buyers

Prospective buyers should be prepared for a competitive landscape, particularly in the detached home segment. With limited inventory and a strong demand, it is advisable for buyers to act quickly when they find a suitable property and to be ready to make competitive offers.

For Sellers

Sellers are currently in a favorable position, given the low inventory levels and high sales activity. To maximize their selling potential, homeowners should consider pricing their properties competitively and ensuring they are in excellent condition to attract buyers quickly.