Greater San Diego Association of REALTORS® Reports June 2026 Market Trends

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market saw a total of 25 sales, reflecting a 28.6% decrease compared to June 2025. New listings increased to 43, while active listings reached 89, indicating a competitive market for sellers with a months of inventory at just 1.4.

Market Analysis

The Greater San Diego real estate market continues to exhibit strong seller conditions, with a significant sales-to-new-listings ratio of 58.1%. Despite the decrease in total sales from 28 in May 2026 to 25 in June 2026, the influx of new listings suggests that sellers are responding to the current market dynamics. The months of inventory remains low at 1.4, indicating that homes are selling quickly, which is typical in a seller's market. However, the year-over-year decline in sales points to potential challenges in buyer demand, possibly influenced by rising interest rates or economic uncertainties.

Property Type Analysis

In June 2026, detached homes accounted for 15 of the total sales, while attached homes, including townhouses, contributed 10 sales. The median price for detached homes was reported at $848,000, reflecting a 6% increase year-over-year, while attached homes had a median price of $630,000, up 11% from the previous year. The disparity in sales and price trends between property types indicates that detached homes may be more resilient in the current market, attracting buyers despite the overall decline in sales volume.

Regional Highlights

The 92154 zip code, which includes the Nestor and Otay Mesa neighborhoods, shows a robust market for detached homes with a closed sales count of 15 in June. The inventory for detached homes stands at 25, with a months supply of 1.4, suggesting that homes are selling at a brisk pace. Conversely, the attached market is experiencing a longer days on market, with an average of 36 days for attached homes, indicating a more cautious buyer approach in that segment.

For Buyers

Potential buyers in the Greater San Diego area should act swiftly in the current market, as the low months of inventory indicates that desirable properties are selling quickly. It is advisable for buyers to secure pre-approval for financing and be prepared to make competitive offers to increase their chances of success in this seller-driven environment.

For Sellers

Sellers are encouraged to take advantage of the current market conditions by pricing their homes competitively and ensuring they are in optimal condition for showings. With a strong sales-to-new-listings ratio and low inventory, homes that are well-presented are likely to attract multiple offers, potentially leading to favorable selling conditions.