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 experienced a total of 18 sales, a 13.3% decrease compared to the same month last year. New listings increased to 37, while active listings rose to 68, resulting in a months of inventory of 2.7, indicating a seller's market.

Market Analysis

The San Diego real estate market continues to show signs of a seller's market, with a sales-to-new-listings ratio (SNLR) of 48.6%. Despite the decrease in total sales from 22 in June 2026 to 18 in July, the increase in new listings from 37 indicates that sellers are still actively entering the market. The months of inventory has risen to 2.7, up from 2.2 in June, suggesting that while demand has softened, supply is also beginning to increase, creating a more balanced market dynamic. Year-over-year, total sales have decreased from 26 in July 2025, reflecting a broader trend of declining sales activity in the region.

Property Type Analysis

In July 2026, detached homes accounted for the majority of sales with 13 transactions, while attached properties, including townhouses, saw 5 sales. The detached market remains relatively strong, although the year-over-year sales decline of 13.3% indicates a cooling trend. Attached properties, however, have experienced a more significant drop, with closed sales down 54.5% compared to last year, highlighting the differing dynamics between property types in the current market.

Regional Highlights

The Scripps Ranch area (zip code 92131) reflects these trends, with 18 new detached listings and 11 pending sales, resulting in a median price of $1,640,000. The attached market in the same region has seen a median price of $585,000, but with a notable year-over-year decline of 34.2%. This disparity in performance between property types suggests that buyers may be gravitating towards detached homes, which may offer more stability in pricing amidst current market fluctuations.

For Buyers

Buyers are encouraged to remain vigilant and consider the current market dynamics, particularly the increase in active listings. With a growing inventory, there may be opportunities to negotiate better terms and prices. It is advisable for buyers to conduct thorough research and work closely with a knowledgeable REALTOR® to navigate the evolving landscape.

For Sellers

Sellers should take advantage of the current seller's market by pricing their homes competitively and ensuring they are well-prepared for showings. With an increase in new listings, it is crucial to differentiate their properties through effective marketing strategies. Engaging with a real estate professional can provide valuable insights into pricing and presentation to attract potential buyers.