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 experienced a notable increase in sales, with a total of 56 transactions, reflecting a 13.0% year-over-year growth. Active listings rose to 149, contributing to a months of inventory figure of 2.6, indicating a continued seller's market.

Market Analysis

The Greater San Diego real estate market remains competitive, characterized by a low months of inventory at 2.6. This suggests that demand continues to outpace supply, as evidenced by the 60.2% sales-to-new-listings ratio (SNLR). The increase in total sales from 52 in June 2025 to 56 in June 2026 highlights a growing interest among buyers, despite the limited inventory. The market dynamics indicate that sellers are in a favorable position, with many properties receiving multiple offers and selling quickly.

Property Type Analysis

In June 2026, detached properties accounted for 26 sales, while attached/townhouse units saw a slightly higher volume with 30 sales. The median price for detached homes was reported at $1,349,500, reflecting a year-over-year increase of 12.5%. In contrast, the attached market experienced a slight decline in median price, down 7% year-over-year, with a median of $600,000, indicating varying trends across property types.

Regional Highlights

The Rancho Bernardo East area, specifically ZIP code 92128, showcases a robust market with 50 new listings and 32 pending sales for detached homes. The inventory for detached properties stands at 73, with a months supply of 2.6, while attached properties have 76 in inventory and a months supply of 2.9. This regional data underscores the ongoing demand and competitive nature of the market in this area.

For Buyers

Prospective buyers are encouraged to act swiftly in the current market environment, as the low inventory levels mean that desirable properties are selling quickly. Buyers should be prepared to make competitive offers and consider working with a knowledgeable REALTOR® to navigate the complexities of the market.

For Sellers

Sellers are in a strong position in the current market, with a high sales-to-new-listings ratio indicating robust demand. To maximize their selling potential, homeowners should ensure their properties are well-prepared for showings and consider pricing strategies that reflect current market conditions to attract serious buyers.