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 shows a robust increase in sales, with a total of 32 transactions, marking a 45.5% year-over-year increase. Active listings have risen to 86, contributing to a months of inventory figure of 2.0, indicating a seller's market.

Market Analysis

The San Diego real estate market continues to exhibit strong demand as evidenced by the increase in total sales from 31 in May 2026 to 32 in June 2026. The current months of inventory stands at 2.0, up from 1.7 in May, suggesting that while inventory is increasing, demand remains high. The sales-to-new-listings ratio (SNLR) of 58.2% indicates that a significant portion of new listings are being absorbed quickly, further supporting the seller's market dynamics.

Property Type Analysis

Sales for detached properties remain steady, with 16 transactions recorded in June 2026, matching the sales for attached/townhouse properties. This balance suggests that both property types are appealing to buyers, although the market conditions favor sellers across the board. The median price for detached homes is reported at $1,517,500, while attached homes have a median price of $686,000, reflecting a diverse range of options for potential buyers.

Regional Highlights

The University City area, particularly the 92122 zip code, showcases notable trends with 20 new detached listings and a median price of $1,517,500, which is a 9.7% decrease year-over-year. Conversely, attached properties in the same region have a median price of $686,000, with a slight year-over-year decline of 6.7%. This regional data highlights the varying dynamics within specific neighborhoods, providing insights for prospective buyers and sellers alike.

For Buyers

Potential buyers are encouraged to act swiftly in this competitive market, especially given the low months of inventory. With a strong sales-to-new-listings ratio, buyers should be prepared to make timely offers on properties that meet their criteria to increase their chances of securing a home.

For Sellers

Sellers are in a favorable position with the current market conditions. With a significant increase in sales and a low months of inventory, now is an opportune time to list properties. Sellers should consider pricing competitively and ensuring their homes are in excellent condition to attract motivated buyers quickly.