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San Diego Prices Up 1% as Listings Drop, Rates Rise

7/1/2026

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Story summary
  • San Diego home prices rose 1.05% year-over-year in April 2026 while inflation hit 3.8%, extending a real-term decline to an 11th month.
  • The median home price stayed at $1 million while listings fell to about 8,200 in April, down from 8,500 a year earlier.
  • Mortgage rates slipped to 5.98% in February 2026, rose to 6.3% by April, prompting Realtor.com senior economist Anthony Smith to note that San Diego may gain despite higher rates.