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 shows signs of a competitive environment for sellers, with total sales reaching 49, a notable increase from 39 in June. Active listings decreased to 63, down from 75 last month, resulting in a months of inventory of just 1.0.

Market Analysis

The current market conditions indicate a strong seller's advantage, as evidenced by the sales-to-new-listings ratio (SNLR) of 122.5%. This suggests that homes are selling quickly, with demand outpacing supply. Despite a year-over-year sales decline of 8.0%, the decrease in active listings and the low months of inventory indicate that buyers are still actively seeking properties, which keeps pressure on prices in the market.

Property Type Analysis

In July, detached homes accounted for 23 sales, while attached homes, including townhouses, saw 26 transactions. The performance of attached properties shows a significant increase in closed sales compared to the prior month, indicating a growing interest in this segment. The distinct dynamics between property types highlight the ongoing demand for diverse housing options in the Greater San Diego area.

Regional Highlights

The Mira Mesa area, represented by the zip code 92126, continues to exhibit robust activity. Detached homes in this region had a median price of $1,151,843, with a closed sales year-over-year change of -8%. Conversely, attached homes in the same area maintained a median price of $650,000, showcasing a year-over-year increase of 3.2%, which reflects a healthy interest in more affordable housing options.

For Buyers

Prospective buyers are encouraged to act swiftly in this competitive market, as low inventory levels mean that desirable properties are likely to sell quickly. It is advisable to have financing pre-approved and to be prepared to make strong offers to secure a home.

For Sellers

Sellers should take advantage of the current market conditions by pricing their homes competitively and ensuring they are in optimal condition for showings. With the high demand and low inventory, well-presented homes are likely to attract multiple offers, potentially driving up the final sale price.