Greater San Diego Association of REALTORS®: March 2026 Market Sees 5 Home Sales Amidst Tight Inventory

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego Association of REALTORS® reports a robust seller's market for March 2026, with a total of 5 home sales recorded. Months of Inventory tightened to 2.1, indicating strong demand and limited supply in the area.

Market Analysis

The market in March 2026 demonstrates characteristics of a strong seller's market, as reported by the Greater San Diego Association of REALTORS®. Total sales reached 5, an increase from 3 sales in February 2026 and 2 sales in March 2025. New listings stood at 4, while active listings decreased to 8 from 13 in the prior month.

Months of Inventory (MOI) tightened significantly to 2.1 in March, down from 3.5 in February 2026, though slightly above the 1.8 MOI recorded in March 2025. This low MOI, coupled with a Sales-to-New-Listings Ratio (SNLR) of 125.0%, underscores the competitive environment for buyers. It is important to note that with only 5 sales this month, percentage changes in sales volume should be interpreted with caution due to the small sample size.

Overall, the market condition remains favorable for sellers, driven by persistent demand and constrained inventory levels.

Property Type Analysis

The market activity in March 2026 was exclusively concentrated in the detached property segment, which recorded all 5 sales. There were no sales reported for attached or townhouse properties during this period, according to the Greater San Diego Association of REALTORS®.

For detached homes, the median price was $483,000, with properties selling for an average of 101.1% of their list price. These homes spent an average of 38 days on the market, further highlighting the brisk pace of sales for available detached inventory.

Regional Highlights

Within the specific area covered by this report, the market continues to exhibit strong seller-side dynamics. The low Months of Inventory and high Sales-to-New-Listings Ratio suggest that properties, particularly detached homes, are moving quickly and often selling above their asking prices. This indicates a sustained appetite from buyers despite the limited options available.

For Buyers

Buyers in this seller's market should be prepared for competitive conditions, as inventory remains tight and properties are selling quickly. It is advisable to have financing pre-approved and to act decisively when a suitable property becomes available. Working closely with a REALTOR® to identify new listings promptly can provide a crucial advantage.

For Sellers

Sellers are currently in a strong position, with low inventory and high buyer demand. Pricing strategies should reflect the current market conditions, which show properties selling above list price. Ensuring homes are well-prepared and professionally marketed can maximize interest and potentially lead to multiple offers, as indicated by the high Sales-to-New-Listings Ratio and low Days on Market for detached homes.