Greater San Diego REALTORS®: April 2026 Sees Limited Sales Activity Amidst Seller's Market Conditions

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego Association of REALTORS® reports a quiet April 2026 for the market, with only 2 total sales recorded. Despite the low transaction volume, market conditions favor sellers, supported by 1.7 months of inventory.

Market Analysis

For April 2026, the Greater San Diego market recorded a total of 2 sales, mirroring the 2 sales observed in March 2026. This represents a decrease from the 5 sales reported in April 2025. With such a limited number of transactions, percentage changes in sales volume are not considered meaningful.

New listings for the month totaled 4, while active listings stood at 8. The sales-to-new-listings ratio (SNLR) was 50.0%, indicating that half of the new properties entering the market found a buyer. The market maintains a low 1.7 months of inventory, a figure consistent with March 2026 and slightly lower than the 1.9 months recorded in April 2025.

These supply-side metrics, particularly the low inventory levels, contribute to the prevailing seller's market conditions. Despite the low sales volume, the limited available housing stock continues to create a competitive environment for buyers.

Property Type Analysis

A breakdown by property type reveals that all 2 sales in April 2026 were in the attached/townhouse segment. The detached housing market recorded no sales during the month. For attached properties, the median sales price was $775,000, with homes selling at 92.9% of their original list price after an average of 74 days on market.

The attached segment saw 4 new listings and 2 closed sales. While the median price for attached properties decreased by 5.6% year-over-year, and closed sales were down 50% from April 2025, these percentage shifts are based on a very small sample size and should be interpreted with caution.

Regional Highlights

Focusing on specific areas, the Sorrento Valley (92121) market reflects broader trends of limited activity. In this zip code, the detached segment reported 0 new listings and 0 closed sales, with 3 homes in inventory and 1.7 months of supply.

The attached market in Sorrento Valley (92121) recorded 4 new listings and 2 closed sales in April 2026. These attached properties sold at a median price of $775,000, spending an average of 74 days on the market. Inventory for attached homes in this area stood at 5 units, representing 2.1 months of supply.

For Buyers

In a market characterized by low inventory and seller-favorable conditions, prospective buyers should be prepared for competitive situations. It is advisable to have pre-approval for financing in place and to act decisively when a suitable property becomes available. Given the limited sales volume, working closely with a REALTOR® to identify new listings quickly is crucial.

For Sellers

Sellers benefit from the current market dynamics, which feature low months of inventory. While the overall sales volume is low, properties that are well-priced and well-presented can attract strong interest. Consulting with a REALTOR® to strategically price and market a home is essential to capitalize on the existing demand and achieve optimal outcomes.