Greater San Diego Association of REALTORS® Reports June 2026 Market Surge with 92.9% Sales Increase

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market experienced a significant uptick in activity, with total sales rising to 39, a 92.9% increase from the same month last year. New listings also rose to 55, contributing to a competitive market characterized by a low inventory of just 77 active listings.

Market Analysis

The San Diego housing market remains firmly in favor of sellers, as evidenced by a strong sales-to-new-listings ratio (SNLR) of 70.9%. With only 1.7 months of inventory available, the market is experiencing heightened demand, which is reflected in the substantial year-over-year increase in sales. Compared to May 2026, total sales have increased from 28 to 39, indicating a robust recovery and growing buyer interest in the area. This trend suggests that buyers are actively seeking properties despite the limited inventory.

Property Type Analysis

In June 2026, detached homes accounted for the majority of sales, with 27 transactions, while attached properties and townhouses contributed 12 sales. The market for detached homes appears particularly strong, with a median price of $2,950,000 and a closed sales year-over-year increase of 92.9%. In contrast, the attached market has shown a slight decline in median price, down 5.8% year-over-year, indicating varying dynamics between property types.

Regional Highlights

Focusing on the Carmel Valley area, new listings for detached homes reached 31, with a median price of $2,950,000, reflecting a competitive market where homes are selling for 99.5% of their list price. The attached segment in the same region saw 24 new listings and a median price of $1,092,500, with a notable increase in closed sales by 71.4% year-over-year. This disparity in performance between detached and attached properties highlights the ongoing demand for single-family homes in desirable neighborhoods.

For Buyers

Prospective buyers should be prepared for a competitive market environment, particularly in sought-after areas like Carmel Valley. It is advisable to act quickly on new listings and consider making strong offers, as homes are selling at high percentages of their list prices and inventory remains limited.

For Sellers

Sellers are in a favorable position in the current market, with low inventory and high demand driving up competition. To maximize their return, sellers should ensure their homes are well-presented and priced competitively, as homes are selling quickly and often above list price.