Lardner Valenzuela
Coldwell Banker West
San Diego County Housing Market Report
July 2026 · Data through July 31, 2026Market at a Glance
July handed San Diego County an unusual combination: prices rose in every segment while homes sold faster than they did a year ago. Buyers closed more transactions, sellers kept more of their asking price, and the pool of available homes shrank again. The one soft spot — pending sales — suggests the pace may ease as the market moves into fall, which is precisely the kind of shift that creates openings on both sides of the table.
Median Sale Price
Closed Sales
Homes for Sale
Months of Supply
All-property figures (detached + attached). A balanced market is generally considered 4–6 months of supply; at 3.1 months, San Diego County still leans toward sellers. Year to date, the countywide median is $920,000 (+1.7%) on 13,642 closed sales (+3.9%).
By Property Type
The two halves of the market have been telling different stories all year, and in July they moved closer together. Detached single-family homes remain scarce and are appreciating fastest. Condos and townhomes are still the more balanced segment — but attached demand surged in July, and the inventory cushion that gave those buyers leverage has nearly stopped growing.
| Metric | July 2026 | YoY |
|---|---|---|
| Median Sale Price | $1,150,000 | +4.6% |
| Closed Sales | 1,349 | +2.4% |
| Pending Sales | 1,318 | −2.5% |
| New Listings | 1,804 | −17.6% |
| Homes for Sale | 3,097 | −24.7% |
| Months of Supply | 2.5 | −26.5% |
| Days on Market | 33 | −8.3% |
| % of Orig. List Price | 98.6% | +1.2% |
| Metric | July 2026 | YoY |
|---|---|---|
| Median Sale Price | $659,000 | +1.4% |
| Closed Sales | 793 | +12.8% |
| Pending Sales | 702 | −5.0% |
| New Listings | 1,331 | −3.7% |
| Homes for Sale | 2,884 | +1.1% |
| Months of Supply | 4.1 | −4.7% |
| Days on Market | 43 | +2.4% |
| % of Orig. List Price | 97.5% | +0.1% |
Twelve-Month Trends
Median Sale Price
August 2025 – July 2026, by property type
Closed Sales
Monthly closings, August 2025 – July 2026
Months of Supply
Inventory measured against the pace of sales. Detached supply has hovered near 2.5 months all year; attached supply climbed through spring and has now flattened around 4.1.
The Numbers
| Metric | All Properties | Detached | Attached |
|---|---|---|---|
| Median Sale Price | $940,000+3.3% | $1,150,000+4.6% | $659,000+1.4% |
| Average Sale Price | $1,231,756+2.8% | $1,471,190+3.9% | $820,685+4.1% |
| Closed Sales | 2,142+6.0% | 1,349+2.4% | 793+12.8% |
| Pending Sales | 2,020−3.4% | 1,318−2.5% | 702−5.0% |
| New Listings | 3,135−12.2% | 1,804−17.6% | 1,331−3.7% |
| Inventory of Homes | 5,981−14.1% | 3,097−24.7% | 2,884+1.1% |
| Months of Supply | 3.1−16.2% | 2.5−26.5% | 4.1−4.7% |
| Days on Market | 37−2.6% | 33−8.3% | 43+2.4% |
| % of Orig. List Received | 98.2%+0.8% | 98.6%+1.2% | 97.5%+0.1% |
| Housing Affordability Index | 45−4.3% | 37−5.1% | 650.0% |
July 2026 figures with year-over-year change. Source: San Diego MLS via ShowingTime Plus, current as of August 5, 2026. Percent changes are calculated using rounded figures. A higher affordability index means greater affordability.
How San Diego Compares
Nationally, the median existing-home price reached a record $440,600 in July, up 1.8% from a year earlier — the 36th straight month of annual increases, according to the National Association of REALTORS®. The U.S. market carried a 4.6-month supply with roughly 1.56 million homes for sale and a median 28 days on market. San Diego County remains materially tighter than the country as a whole: 3.1 months of supply versus 4.6 nationally. Local prices are also rising faster (+3.3% here versus +1.8% nationally), which is why well-prepared sellers continue to do well even as the national picture cools.
Mortgage Rate Snapshot
Financing costs are the swing factor for affordability, and they have been remarkably steady. The 30-year fixed is sitting essentially where it was a year ago — the era of expecting a big rate drop to rescue affordability has, for now, given way to a market that has simply adjusted to mid-6% money.
30-Year Fixed
Roughly flat vs. ~6.6% a year ago
15-Year Fixed
Faster payoff, lower rate
Outlook Through Year-End
Fannie Mae ~6.4%, MBA ~6.5%
Payment illustration. At the countywide median of $940,000 with 20% down, a $752,000 loan at 6.7% runs about $4,850 per month in principal and interest. At the detached median of $1,150,000, a $920,000 loan runs roughly $5,940; at the attached median of $659,000, a $527,200 loan runs about $3,400. San Diego County's 2026 conforming loan limit is $1,104,000 — so a 20%-down purchase at the detached median still finances as conforming rather than jumbo, which typically means easier qualifying and better pricing. Figures exclude taxes, insurance, HOA dues, and mortgage insurance. Your rate depends on credit, down payment, and loan type; ask about temporary buydowns and lender credits.
Good News on Both Sides of the Table
For Sellers
Where the leverage is
- Your competition has thinned. Countywide inventory fell 14.1% and detached inventory dropped 24.7%, with new listings down 12.2%. Fewer rival homes are chasing the same buyers.
- Buyers are paying closer to asking. Sellers received 98.2% of original list price countywide and 98.6% on detached homes — a full point better than last July.
- Prices are still climbing. The detached median rose 4.6% to $1,150,000 and the countywide median rose 3.3% to $940,000.
- Homes are moving faster. Detached homes went under contract in 33 days on average, three days quicker than a year ago.
- Condo and townhome owners, take note. Attached closed sales jumped 12.8% and attached sales volume rose 20.4%. After a soft stretch, genuine demand has returned to your segment.
For Buyers
Where the openings are
- Condos and townhomes still favor you. A 4.1-month supply, 43 days on market, and sales at 97.5% of list leave real room to negotiate — but that window is narrowing, so it rewards acting now rather than later.
- Attached pricing is holding flat. Year to date, the attached median is down 0.7% at $665,000, keeping the most accessible on-ramp to San Diego ownership within reach.
- Fewer buyers are competing. Pending sales slipped 3.4% countywide, so you are bidding against a thinner field than you faced this spring.
- You have time to be deliberate. A 37-day countywide average leaves room to tour, inspect, and write a considered offer instead of rushing a decision.
- Rates are predictable, not punishing. At roughly 6.7% and forecast to hold in the mid-6% range, you can plan a budget with confidence — and refinance later if rates ease.
Where the Leverage Sits: Months of Supply by Segment
Under 4 months favors sellers; 4–6 months is broadly balanced. Detached supply is tight, attached sits right at the edge of balance, and the county overall still tilts toward sellers.
Thinking About Your Next Move?
Every neighborhood in San Diego County tells its own version of this story. Whether you are weighing a sale while inventory is thin or looking to buy before the condo window closes, I will give you a clear, no-pressure read on your specific home and your specific block.
Request Your Home Value ReportData source: San Diego MLS via ShowingTime Plus, LLC; Monthly Indicators report current as of August 5, 2026 (data through July 31, 2026). National figures from the National Association of REALTORS®. Mortgage rate figures reflect California and national averages for early August 2026 (Freddie Mac, Zillow, Mortgage News Daily) and vary by lender, credit profile, down payment, and loan amount; consult a licensed lender for a personalized quote. Rate outlook reflects published forecasts from Fannie Mae and the Mortgage Bankers Association and is not a prediction of future rates. Payment illustrations are for educational purposes only and exclude taxes, insurance, HOA dues, and mortgage insurance.
Information is deemed reliable but not guaranteed. This report is for general information only and is not financial, lending, investment, or tax advice. Market conditions vary by neighborhood and change without notice. This report is not intended to solicit properties already listed. Equal Housing Opportunity. Lardner Valenzuela, REALTOR®, DRE #01836213, Coldwell Banker West, 2300 Boswell Rd, Suite 100, Chula Vista, CA 91914. © 2026 Coldwell Banker Real Estate LLC. Coldwell Banker® and the Coldwell Banker logo are registered service marks owned by Coldwell Banker Real Estate LLC. Each office is independently owned and operated.