Greater San Diego Association of REALTORS® March 2026 Report: Market Sees 8 Sales Amidst Seller Conditions

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego real estate market recorded 8 total sales in March 2026, according to figures released by the Greater San Diego Association of REALTORS®. With 14 new listings and 21 active listings, market conditions favor sellers, maintaining a Months of Inventory at 1.9. Sales for the month represent a small sample size, making percentage changes less meaningful.

Market Analysis

The Greater San Diego market continued to operate under seller-favored conditions in March 2026. Total sales for the month stood at 8, a slight decrease from 9 sales in February 2026 and 10 sales in March 2025. New listings totaled 14, while active listings remained steady at 21, mirroring the 21 active listings reported in February 2026. This represents a notable decrease from 32 active listings in March 2025, indicating a tightening of available properties over the past year.

Months of Inventory (MOI) held firm at 1.9 in March 2026, consistent with the prior month and a decrease from 2.5 in March 2025, further underscoring the constrained supply. The Sales to New Listings Ratio (SNLR) was 57.1%, suggesting that a significant portion of new inventory is being absorbed by buyer demand. The market's overall condition is firmly categorized as a seller's market, driven by limited inventory relative to buyer interest.

Property Type Analysis

A breakdown of sales by property type reveals that detached homes accounted for 5 of the 8 total sales in March 2026. Attached homes and townhouses made up the remaining 3 sales. There were no reported sales for apartment properties during this period. The higher volume of detached home sales compared to attached properties is a consistent trend, though overall sales figures remain low across all types.

Regional Highlights

The Greater San Diego market continues to exhibit characteristics of a strong seller's market, primarily due to persistently low inventory levels. With only 21 active listings and a Months of Inventory at 1.9, buyers face limited choices. The Sales to New Listings Ratio of 57.1% indicates that demand is actively absorbing new properties as they come onto the market, preventing a significant build-up of inventory. This dynamic contributes to the competitive environment for available homes.

For Buyers

In this seller's market, buyers should be prepared to act quickly and decisively. Given the low Months of Inventory at 1.9 and the strong Sales to New Listings Ratio, properties are moving efficiently. Buyers are advised to secure pre-approval for financing, clearly define their priorities, and work closely with a REALTOR® to identify new listings promptly and craft competitive offers.

For Sellers

Sellers in the Greater San Diego market are currently in a favorable position. With only 21 active listings and a Months of Inventory at 1.9, demand for available properties remains robust. Sellers should focus on strategic pricing and professional presentation to maximize interest. Leveraging the expertise of a REALTOR® can help navigate multiple offers and secure optimal terms in this competitive environment.