Greater San Diego Association of REALTORS®: March 2026 Market Sees Sales Surge 66.7% Year-Over-Year Amidst Tight Inventory

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market experiences a significant surge in sales for March 2026, with total sales reaching 27, marking a 66.7% increase year-over-year. This robust activity occurs within a sellers' market, characterized by a tight 1.0 Months of Inventory, according to figures published by the Greater San Diego Association of REALTORS®.

Market Analysis

The Greater San Diego real estate market demonstrates strong demand in March 2026. Total sales reached 27, a notable increase from 16 sales in February 2026 and a substantial 66.7% rise compared to 24 sales in March 2025. This upward trend in transactions, coupled with a Sales-to-New-Listings Ratio (SNLR) of 117.4%, indicates that buyer activity continues to outpace the introduction of new inventory.

Supply remains constrained, contributing to the prevailing sellers' market conditions. Active listings stand at 32, a slight increase from 30 in February 2026 but a decrease from 38 active listings recorded in March 2025. With only 23 new listings entering the market during the month, the available inventory struggles to keep pace with buyer demand.

The Months of Inventory (MOI) holds steady at 1.0, consistent with February 2026 and significantly lower than the 1.6 MOI observed in March 2025. This low inventory level underscores the competitive environment for buyers and reinforces the market's classification as a sellers' market.

Property Type Analysis

In March 2026, detached homes accounted for the majority of sales, with 15 transactions recorded. Attached homes and townhouses followed with 12 sales. This distribution indicates a slightly higher volume of detached home sales across the Greater San Diego market.

Regional Highlights

Within the 91915 Chula Vista SE area, specific property types exhibit varied performance. The detached market shows robust growth, with a median price of $1,011,400, representing a 17.6% increase year-over-year. These homes demonstrate strong buyer interest, selling at an average of 101.2% of list price and spending only 13 Days on Market, with 1.0 months of supply.

Conversely, the attached market in 91915 Chula Vista SE presents a different picture. The median price for attached homes is $672,500, a decrease of 7.9% year-over-year. These properties average 38 Days on Market and sell at 99% of list price, with 1.9 months of supply. This highlights localized differences in market dynamics and property type performance within the broader region.

For Buyers

In this competitive sellers' market, buyers should be prepared to act swiftly and decisively. Securing pre-approval for financing is crucial, and being flexible with terms or considering fewer contingencies can strengthen offers. Working closely with a REALTOR® to identify new listings quickly and understand local market nuances is essential for success.

For Sellers

Sellers are currently in a favorable position due to high demand and limited inventory. To maximize potential, sellers should focus on presenting their homes in the best possible light through professional staging and photography. While demand is strong, strategic pricing remains important to attract the widest pool of qualified buyers and potentially generate multiple offers.