San Diego’s housing market in May 2026 is more balanced, with higher inventory giving buyers more choice and reducing bidding wars, while well-priced homes still attract strong interest; median prices remain near the mid-$900Ks, but days on market have risen to about 3–5 weeks and buyers are more focused on negotiations and concessions, especially with mortgage rates in the mid-6% range limiting affordability—making accurate pricing and strong presentation essential for sellers to achieve the best results.