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 significant slowdown, with total sales dropping to zero, compared to four sales in June 2026. New listings increased to 10, while active listings rose to 19, resulting in a months of inventory (MOI) of 1.2, indicating a seller's market.

Market Analysis

The current market conditions reflect a stark contrast to previous months, with a total sales count of zero in July 2026, marking a 100% decline year-over-year from four sales in July 2025. The increase in new listings to 10 suggests that sellers are attempting to capitalize on the existing demand, but the lack of sales indicates a disconnect between buyer interest and market activity. The months of inventory stands at 1.2, which typically suggests a seller's market; however, the absence of sales raises questions about buyer confidence and market dynamics.

Property Type Analysis

In July 2026, the detached property segment reported no sales, while the attached/townhouse segment saw eight new listings but also recorded zero sales. This trend indicates that while there is some activity in terms of new listings, the demand is not translating into completed transactions for either property type. The months of inventory for detached homes is 1.2, while attached homes show a significantly higher MOI of 5.8, suggesting that attached properties may be facing greater challenges in attracting buyers.

Regional Highlights

The San Ysidro area (zip code 92173) reflects these trends, with detached homes showing three active listings and no sales, while attached properties have 16 active listings and one pending sale. The overall market in this region is characterized by a lack of closed transactions, which may indicate a need for price adjustments or improved marketing strategies to attract buyers. The inventory levels suggest that while sellers are listing their properties, the market is not responding as expected.

For Buyers

Potential buyers in the Greater San Diego area should remain vigilant and patient, as the current market conditions may present opportunities for negotiation. With an increase in active listings, buyers may find more options available, but they should be prepared for a competitive environment given the low months of inventory.

For Sellers

Sellers are encouraged to assess their pricing strategies carefully in light of the current market dynamics. With zero sales recorded in July, it may be beneficial to consider competitive pricing and enhanced marketing efforts to attract potential buyers, as the market shows signs of stagnation despite the increase in new listings.