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 continues to show signs of a seller's advantage, with only 2 total sales recorded. The months of inventory stands at a low 0.6, indicating strong demand relative to available listings.

Market Analysis

The current market conditions reflect a significant imbalance between supply and demand, with only 7 active listings available for buyers. The months of inventory, at just 0.6, suggests that homes are selling quickly, reinforcing the seller's market dynamics. In comparison, July 2025 recorded a months of inventory of 2.8, highlighting a tightening market over the past year. The sales-to-new-listings ratio (SNLR) of 200.0% further emphasizes this trend, as it indicates that for every new listing, two homes are sold, showcasing the competitive nature of the market.

Property Type Analysis

In July, both detached and attached properties experienced equal sales, with one unit sold in each category. The detached home sold for a median price of $1,700,000, while the attached property had a median price of $849,999. The attached market has shown a notable year-over-year increase of 16% in median price, although the number of closed sales has decreased by 50%, indicating a potential shift in buyer preferences or market dynamics.

Regional Highlights

Focusing on the Sorrento Valley area, the market remains robust with a total of 1 closed sale for detached homes and 1 for attached homes in July. The inventory for detached homes is critically low, with only 1 unit available, while the attached segment has 6 active listings. This regional trend mirrors the overall market conditions, where demand continues to outpace supply, leading to quicker sales and higher competition among buyers.

For Buyers

Prospective buyers should be prepared for a competitive market, as the low inventory levels mean homes are selling quickly. It is advisable for buyers to have their financing pre-approved and to act swiftly when a desirable property becomes available. Additionally, considering flexibility in property types may open up more opportunities in this tight market.

For Sellers

Sellers are in a favorable position, given the current market conditions. With a low months of inventory and a high sales-to-new-listings ratio, now may be an opportune time to list a property. Sellers should ensure their homes are well-prepared for showings and consider pricing strategies that reflect the competitive landscape to attract potential buyers.