San Diego Real Estate Market Update: June 2026 Key Indicators
Thinking about buying or selling a home in San Diego County? The latest monthly real estate market indicators from the San Diego MLS show significant shifts across the region.
Overall property sales surged 9.5% year-over-year across all property types in June 2026 (this is for all of San Diego County and all property types), while total inventory dropped by 15.3%. However, looking at single-family homes versus condos and townhomes reveals two very distinct markets unfolding simultaneously.
🏡 Single-Family Homes: High Demand, Squeezed Supply
The market for single-family detached homes continues to lean heavily in favor of sellers due to constrained inventory:
Median Sales Price: Increased 5.1% year-over-year to $1,125,000.
Closed Sales: Climbed 10.9% to 1,434 sales in June.
Inventory Drop: Active listings dropped 26.1% compared to June 2025, leaving just 3,047 homes for sale.
Supply: Months Supply of Inventory shrank by 29.4% to just 2.4 months.
Pace of Sales: Homes sold quicker, averaging 32 Days on Market (down 3.0%), with sellers receiving 99.1% of their original asking price. I am definitely seeing this pace reflected out in the field with my own listings. Almost every single family listing I've had in the last couple of months has had multiple offers, and my average market time for single-family homes this year is only 8.5 days! And my average sold price to list price ratio for single-family homes is 101.6%.
🏢 Condos & Townhomes: Balanced Growth & Negotiation Room
The attached property market (condominiums and townhomes) offers a more relaxed environment for buyers, and one they should approach with caution, in my opinion:
Median Sales Price: Crept up slightly by 1.1% year-over-year to $670,000.
Closed Sales: Increased 6.7% to 731 closed sales.
Inventory & Supply: Active inventory remained flat with a slight 0.5% increase, leaving a healthier 4.0 months of supply.
Pace of Sales: Properties took longer to sell, averaging 43 Days on Market (up 10.3%). Sellers received an average of 97.5% of original list price. When I look at my own condo and townhome listings, they are definitely taking longer to sell than my single family listings, but I'm still beating the market by a mile. So far this year, my attached and condo listings are selling in an average of 17.8 days, with an average sold price to list price ratio of 97.8%.
📊 Market Breakdown at a Glance
| Key Metric (June 2026) | Detached Homes | YoY Change | Attached Homes | YoY Change |
| Median Sales Price | $1,125,000 | +5.1% | $670,000 | +1.1% |
| Closed Sales | 1,434 | +10.9% | 731 | +6.7% |
| Days on Market | 32 days | -3.0% | 43 days | +10.3% |
| Pct. of Original Price Received | 99.1% | +1.1% | 97.5% | +0.3% |
| Active Inventory | 3,047 | -26.1% | 2,830 | +0.5% |
| Months Supply | 2.4 months | -29.4% | 4.0 months | -4.8% |
Special Caution About San Diego HOAs
Do check out my companion video to this blog because in it I talk about how SB326 (California's "Balcony Bill") is really affecting our condo market here in San Diego. Buyers need to be very careful about buying into an HOA, especially any community that is not in compliance with SB326 requirements.
I am seeing more and more communities being unable to obtain conventional financing because they have not completed the necessary balcony repairs. You simply should not buy a condo today in San Diego until you have a very clear understanding of where the complex stands with its elevated structures and their maintenance.
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