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Is It a Buyer's or Seller's Market in San Diego Right Now? (July 2026)

William Routt·Jul 10, 2026·5 min.

The most-asked question in San Diego real estate has a surprising answer: it depends entirely on your price point. Here's the July 2026 breakdown.

Is It a Buyer's or Seller's Market in San Diego Right Now? (July 2026)

It's the first question almost everyone asks me, and the honest answer is: it depends entirely on your price point. As of July 2026, San Diego is split down the middle — the lower and middle of the market still tilt toward sellers, while the luxury tier has swung firmly to buyers. Let me show you how to tell which market you're actually in.

How to read a market (the metric that matters)

Forget the headlines. The cleanest way to gauge a market is Expected Market Time — how long it would take to sell every home currently for sale at the current pace of buying. It rolls supply and demand into a single number of days, and here's the general scale the industry uses:

  • Under 60 days — hot seller's market
  • 60–90 days — slight seller's market
  • 90–120 days — balanced market
  • 120+ days — buyer's market

As of July 7, 2026, San Diego County sits at 93 days — right on the line between a slight seller's market and a balanced one. But that countywide figure averages together two very different realities.

The lower and middle market: still a seller's edge

If you're shopping under about $1.5 million — which is most of the county — sellers still have the advantage:

  • $750K–$1M homes: roughly 74 days
  • $500K–$750K homes: roughly 89 days
  • $1M–$1.25M homes: roughly 81 days

These brackets are moving in a slight-seller's-market range. Inventory in the affordable tiers is genuinely tight, demand is still there, and well-priced homes sell close to full asking — the countywide average was 100% of list price in May, with a median of 15 days on market for homes that sold. Multiple offers still happen here.

What it means: If you're buying in this range, come prepared — pre-approved, decisive, and realistic. If you're selling here, you're in a strong spot, provided you price to the market rather than to last year's peak.

The luxury market: a clear buyer's market

Above $2 million, the picture flips:

  • $2M–$4M: ~100 days (balanced, tipping to buyers)
  • $4M–$6M: ~178 days (buyer's market)
  • $6M+: ~411 days — more than a year of inventory

At the top end, buyers are in control. There's a deep backlog of luxury listings, far fewer qualified buyers, and sellers who increasingly have to compete on price and terms.

What it means: If you're buying luxury, you have real negotiating power and time on your side — you don't need to rush, and there's room to make your case on price. If you're selling luxury, the strategy is completely different from the tiers below: sharp pricing from day one, patience, and standout presentation are non-negotiable.

So — buyer's or seller's market?

Both, at the same time. San Diego in mid-2026 is a slight seller's market under $1.5M and a buyer's market above $4M, with a balanced middle in between. The single countywide "93 days" is technically accurate and practically useless — the number that matters is the one for your price bracket and your neighborhood.

That's also why blanket advice ("it's a great time to buy," "sellers are winning") is worth ignoring right now. The right move depends on where you're transacting.


Market data via Reports on Housing, as of July 7, 2026. Analysis by Routt Home Team. Want to know exactly where your neighborhood and price point stand? Get in touch — we'll pull the numbers for your specific situation.