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 saw a total of 22 sales, a steady performance compared to 24 sales in July 2025. New listings increased to 61, contributing to a total of 99 active listings, resulting in 2.4 months of inventory.

Market Analysis

The San Diego housing market remains in favor of sellers, as indicated by the current sales-to-new-listings ratio (SNLR) of 36.1%. This metric suggests that demand continues to outpace supply, despite a slight decrease in total sales from June 2026, which recorded 32 transactions. The months of inventory has increased from 2.0 in June to 2.4 in July, indicating a tightening market as new listings are absorbed quickly.

Property Type Analysis

In July, detached homes accounted for 12 of the total sales, while attached properties, including townhouses, made up 10 sales. The performance of attached properties has shown resilience, with a significant year-over-year increase in median price of 21.8%, contrasting with the more stable performance of detached homes, which experienced no change in closed sales compared to the previous year.

Regional Highlights

The University City area, identified by zip code 92122, reported 16 new listings for detached homes and 45 for attached properties. The median price for detached homes in this region stands at $1,713,750, reflecting a year-over-year increase of 4.4%. Conversely, the attached market in University City has seen a decline in closed sales by 16.7%, despite a competitive median price of $761,250.

For Buyers

Prospective buyers should remain vigilant in the current market, as inventory levels are low and competition is high. With 2.4 months of inventory, buyers may need to act quickly on new listings and be prepared for potential bidding wars, particularly in desirable neighborhoods.

For Sellers

Sellers are encouraged to take advantage of the current market conditions, as the demand for homes continues to outstrip supply. With a strong SNLR and a relatively low months of inventory, pricing homes competitively and ensuring they are in excellent condition can lead to successful sales.