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 shows continued strength with total sales rising to 45, a 34.6% increase from the previous year. Active listings remain low at 63, contributing to a seller's market characterized by a 107.1% sales-to-new-listings ratio.

Market Analysis

The Greater San Diego real estate market is experiencing robust demand, evidenced by a significant year-over-year increase in sales. With only 63 active listings and a months of inventory (MOI) at 1.7, the market is firmly in favor of sellers. The low inventory levels are driving competitive bidding, as buyers are eager to secure properties in a market where new listings (42) are slightly outpaced by sales (45). This trend indicates a healthy absorption rate, suggesting that demand continues to outstrip supply.

Property Type Analysis

In June, detached homes dominate the sales landscape with 35 transactions, reflecting the ongoing preference for single-family residences. Meanwhile, attached properties, including townhouses, accounted for 10 sales, indicating a stable but less competitive segment of the market. The median price for detached homes stands at $1,499,000, showcasing a year-over-year increase of 4.8%, while attached homes have seen a decline in median price by 27.3%, highlighting the differing dynamics within these property types.

Regional Highlights

The 92129 zip code, encompassing the Penasquitos area, reflects these trends with 33 new listings and a closed sales count of 35, maintaining a median price of $1,499,000. The area's inventory remains tight at 37 homes, with a months supply of 1.7, indicating a competitive market environment. Conversely, the attached segment in the same region has seen a higher days on market (DOM) at 50, suggesting that buyers may be more selective in this category.

For Buyers

Prospective buyers should act swiftly in the current market, as the low inventory levels mean that desirable properties are likely to receive multiple offers. It is advisable to be pre-approved for financing and to have a clear understanding of one’s budget to make competitive offers when suitable homes become available.

For Sellers

Sellers are well-positioned in this market, as evidenced by the high sales-to-new-listings ratio. To maximize their return, sellers should consider pricing their homes competitively and ensuring they are in excellent condition before listing. Engaging a knowledgeable REALTOR® can provide valuable insights into pricing strategies and marketing approaches to attract potential buyers.