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 continued strength with total sales increasing by 9.5% year-over-year, reaching 34 transactions. The market remains favorable for sellers, with a sales-to-new-listings ratio of 64.2% and 107 active listings available.

Market Analysis

The Greater San Diego real estate market is currently characterized by a seller's advantage, evidenced by a low months of inventory at 2.7. This figure indicates a tight market, where demand continues to outpace supply, contributing to the year-over-year increase in sales. Despite a slight decline in total sales from June 2026, the overall trend remains positive, with a notable increase in sales compared to July 2025, when only 29 homes sold.

Property Type Analysis

In July 2026, detached homes accounted for the majority of sales, with 23 transactions, while attached properties, including townhouses, saw 11 sales. The detached market demonstrates robust activity, reflecting buyer preference for single-family homes, while the attached segment shows potential for growth, particularly as inventory levels remain relatively stable.

Regional Highlights

The Rancho Bernardo West area, specifically zip code 92127, has shown promising metrics with 28 new listings and a closed sales median of $1,977,500. The attached market in this region has also performed well, with a median price of $875,000 and a significant year-over-year increase in closed sales by 37.5%, indicating strong demand for this property type.

For Buyers

Prospective buyers should act quickly in the current market, where inventory is limited and competition is high. It is advisable to be pre-approved for financing and to have a clear understanding of their budget, as homes are selling at a brisk pace, often close to or above the listing price.

For Sellers

Sellers are encouraged to take advantage of the current market conditions by pricing their homes competitively and ensuring they are well-prepared for showings. With a strong sales-to-new-listings ratio, homes that are presented well are likely to attract multiple offers, potentially leading to favorable selling conditions.