Greater San Diego Association of REALTORS® Market Report - June 2026

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market experienced a surge in sales, with a total of 6 transactions, up from 4 in May. The market remains competitive, characterized by a low inventory of 8 active listings and a months of inventory (MOI) at just 0.7, indicating a strong seller's market.

Market Analysis

The Greater San Diego real estate market continues to exhibit robust demand, as evidenced by a significant seller's market dynamic. With only 8 active listings available, the months of inventory at 0.7 suggests that homes are selling quickly, creating a competitive environment for buyers. The sales-to-new-listings ratio (SNLR) stands at an impressive 150.0%, indicating that for every new listing, 1.5 homes are sold, further emphasizing the demand outpacing supply.

Compared to June 2025, when there were 5 active listings and a MOI of 2.0, the current market conditions reflect a tightening inventory and heightened buyer activity. This shift indicates a growing urgency among buyers to secure properties in the area, particularly as the number of new listings remains limited at just 4 this month.

Property Type Analysis

In June, the detached property segment saw 1 sale, while the attached/townhouse segment led the market with 5 sales. The median price for detached homes was reported at $1,700,000, reflecting a competitive price point in a tight market. Conversely, attached properties had a median price of $805,000, which is more accessible for many buyers and has shown a year-over-year increase of 10.3% in median price, highlighting the growing demand for this property type.

The disparity in sales between these property types underscores the current buyer preferences and market dynamics, with attached homes experiencing a notable increase in sales activity compared to the previous year. This trend may indicate a shift towards more affordable options as buyers navigate the competitive landscape.

Regional Highlights

Focusing on the Sorrento Valley area, the market remains active with 1 closed sale for detached homes and 5 for attached properties. The inventory levels in this region are particularly low, with only 1 detached home available, resulting in a months of supply of 0.7. This area has seen a median price decline of 2.9% year-over-year for detached homes, while attached properties have experienced a significant increase in closed sales by 66.7% compared to last year, showcasing a strong demand for multi-family living options.

For Buyers

For prospective buyers, it is crucial to act swiftly in the current market conditions. With a limited number of active listings and a competitive sales environment, buyers should be prepared to make quick decisions and potentially offer above the asking price to secure a property. Engaging with a knowledgeable real estate agent can provide valuable insights and strategies to navigate this fast-paced market.

For Sellers

Sellers are in a favorable position in this market, with high demand and low inventory driving competition among buyers. To maximize their selling potential, sellers should consider pricing their homes competitively and ensuring they are in excellent condition to attract multiple offers. Additionally, leveraging the current market dynamics can help sellers negotiate favorable terms and achieve optimal sale prices.