Greater San Diego Association of REALTORS® Reports Strong July 2026 Market with 16.7% Sales Increase

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market experienced a notable increase in sales, with a total of 38 transactions, marking a 16.7% rise from the previous year. New listings totaled 48, while active listings decreased to 81, resulting in a months of inventory figure of 1.6.

Market Analysis

The Greater San Diego real estate market continues to favor sellers, as evidenced by a strong sales-to-new-listings ratio (SNLR) of 79.2%. With only 1.6 months of inventory available, demand remains robust, outpacing supply. This tight inventory situation is contributing to a competitive environment, where properties are selling quickly, often above list price, as indicated by the 102% average list-to-sale price ratio in the detached segment.

Property Type Analysis

In July, detached properties accounted for 21 of the total sales, while attached/townhouse properties saw 17 sales. The detached market remains particularly strong, with a median sale price of $830,000 and a days on market (DOM) of just 29 days. In contrast, the attached market, while still active, has a longer DOM of 54 days and a median sale price of $646,000, indicating a slight cooling compared to the detached segment.

Regional Highlights

The 92154 zip code, which includes Nestor and Otay Mesa, showcases significant activity with 24 new listings and a median price of $830,000 for detached homes. The area has seen a 16.7% increase in closed sales year-over-year, reflecting strong buyer interest and market resilience despite broader economic conditions. The attached market in the same region has also seen a remarkable 41.7% increase in closed sales compared to last year, although the median price has dipped slightly by 1.4%.

For Buyers

Prospective buyers should act quickly in the current market, as properties are selling rapidly due to limited inventory. It is advisable to be prepared with financing options and to make competitive offers, as homes are often selling above list price.

For Sellers

Sellers are in a favorable position with high demand and low inventory. To maximize their selling potential, they should consider pricing their homes competitively and ensuring that their properties are in excellent condition to attract multiple offers.