Greater San Diego Association of REALTORS®: April 2026 Market Report Shows Tight Inventory and Strong Seller's Market

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market remains a seller's market in April 2026, characterized by tight inventory and robust buyer demand. Total sales reached 39 units, a decrease of 8.7% compared to April 2025, while the Sales-to-New-Listings Ratio (SNLR) stands at 81.3%, indicating strong absorption of new inventory.

Market Analysis

According to figures published by the Greater San Diego Association of REALTORS®, the market continues to favor sellers in April 2026. Active listings total 75 units, an increase from 71 in March 2026 and significantly higher than the 53 active listings reported in April 2025. Despite this increase in active listings, the Months of Inventory (MOI) remains low at 1.4 months, slightly up from 1.3 months in March 2026 but down from 1.5 months in April 2025, underscoring persistent supply constraints.

New listings for April 2026 totaled 48, contributing to the slight rise in active inventory. Total sales for the month were 39, a notable increase from 26 sales in March 2026, but a decline of 8.7% year-over-year from 40 sales in April 2025. The high Sales-to-New-Listings Ratio of 81.3% suggests that a large proportion of new properties entering the market are quickly moving into contract.

Property Type Analysis

In April 2026, detached homes accounted for 21 sales across the Greater San Diego market, while attached/townhouse properties saw 18 sales. This indicates a relatively balanced distribution of sales activity between the two primary property types. The overall market dynamics, including low months of inventory, apply to both segments, reflecting broad demand.

Regional Highlights

Focusing on the 92154 zip code, the detached housing market shows a median sales price of $817,500, an increase of 4.1% year-over-year. Detached homes in this area spend an average of 29 days on market and sell for 101.3% of their list price, indicating competitive bidding. New listings for detached homes were 20, with 21 closed sales and 1.4 months of supply.

For attached properties in 92154, the median sales price is $650,000, up 2.3% from the prior year. These properties average 51 days on market and achieve 100.6% of their list price. New listings for attached homes totaled 28, with 18 closed sales and a higher months of supply at 3.5, suggesting a slightly less intense pace compared to detached homes in this specific area.

For Buyers

Buyers in the Greater San Diego market face a competitive environment due to limited inventory and strong demand, as evidenced by the 1.4 months of inventory. It is advisable for prospective buyers to secure pre-approval, be prepared to act quickly on desirable properties, and consider offering competitive terms to stand out in a seller's market.

For Sellers

Sellers in April 2026 continue to benefit from favorable market conditions, with the market firmly in their favor. With a Sales-to-New-Listings Ratio of 81.3% and low months of inventory, properties are moving quickly. Sellers should work with a REALTOR® to price their homes strategically to attract multiple offers and maximize their return in this robust market.