Greater San Diego Association of REALTORS®: April 2026 Market Report Shows Sales Decline Amidst Persistent Seller's Market

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market recorded 17 total sales in April 2026, a 25.0% decrease compared to the prior year, according to figures released by the Greater San Diego Association of REALTORS®. Active listings stood at 22, contributing to a seller's market condition with 1.6 months of inventory.

Market Analysis

The Greater San Diego market experienced a notable shift in sales activity during April 2026. Total sales reached 17, an increase from the 15 sales recorded in March 2026, but a significant 25.0% decline when compared to the 22 sales in April 2025. New listings for the month totaled 21, while active listings were 22.

Months of Inventory (MOI) for April 2026 stood at 1.6 months, indicating a tight supply environment. This represents an increase from 1.1 months in March 2026 and 0.7 months in April 2025. The Sales-to-New-Listings Ratio (SNLR) was 81.0%, reinforcing the prevailing seller's market condition where demand continues to absorb a high percentage of new inventory.

Property Type Analysis

A breakdown of sales by property type reveals 9 detached home sales and 8 attached/townhouse sales in April 2026. The market did not record any apartment sales for the period. While overall sales saw a year-over-year decline, both detached and attached segments contributed to the total sales volume, indicating activity across different housing types.

Regional Highlights

In the 92124 zip code (Tierrasanta), the detached housing market saw 9 closed sales with a median price of $1,369,000, representing a 5.3% year-over-year increase. These homes spent an average of 10 days on market and sold for 98.8% of their list price. The attached market in 92124 recorded 8 closed sales with a median price of $686,250, a 6% decrease from the prior year. Attached properties in this area were on the market for 24 days on average and sold for 98.6% of their list price. Both property types in 92124 experienced year-over-year declines in closed sales, with detached sales down 25% and attached sales down 20%.

For Buyers

In this seller's market, buyers in Greater San Diego should be prepared for competitive conditions. With 1.6 months of inventory and a high SNLR, securing pre-approval and acting swiftly with strong, well-researched offers is crucial. Flexibility on terms and a clear understanding of market value can provide an advantage.

For Sellers

Sellers in the Greater San Diego market continue to benefit from favorable conditions. With a market characterized by limited inventory and strong buyer demand, strategic pricing and professional presentation remain key. Sellers should be prepared for multiple offers and work closely with their REALTOR® to navigate negotiations effectively.