Greater San Diego Association of REALTORS® Reports July 2026 Market Trends

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market experienced a notable increase in sales, with a total of 62 transactions, reflecting a 54.2% year-over-year growth. New listings rose to 88, while active listings reached 162, resulting in a months of inventory of 2.6, indicating a seller's market.

Market Analysis

The Greater San Diego real estate market continues to show strong demand, evidenced by the significant year-over-year increase in sales. With 62 total sales in July, up from 45 in July 2025, the market is clearly favoring sellers, as indicated by the 70.5% sales-to-new-listings ratio (SNLR). The consistent months of inventory at 2.6 suggests that homes are being absorbed quickly, maintaining upward pressure on prices despite the absence of specific benchmark price data.

Property Type Analysis

In July, detached homes accounted for 37 of the total sales, while attached properties, including townhouses, contributed 25 sales. The detached market remains robust, reflecting the ongoing preference for single-family homes, while attached properties show resilience with a slight increase in closed sales compared to the previous year. However, the median price for attached homes has seen a year-over-year decline of 4.7%, indicating a potential shift in buyer preferences or market conditions.

Regional Highlights

The Rancho Bernardo East area, specifically ZIP code 92128, has shown strong performance with 37 closed sales of detached homes and a median price of $1,350,000. This region's market dynamics reflect a healthy demand, with new listings at 43 and a days on market (DOM) of just 24 days for closed sales. The attached market in the same area also remains active, with 25 closed sales and a median price of $625,000, although it is experiencing a longer DOM of 48 days.

For Buyers

Prospective buyers should act swiftly in the current market, as the low months of inventory indicate that homes are selling quickly. With a high SNLR, buyers may face competition, making it essential to be prepared with pre-approval for financing and to act decisively when a suitable property becomes available.

For Sellers

Sellers are in a favorable position in the current market, with a strong demand for homes leading to quicker sales. To maximize their selling potential, homeowners should consider pricing their properties competitively and ensuring their homes are in excellent condition to attract buyers, as the current market conditions favor well-presented listings.