Greater San Diego REALTORS®: March 2026 Market Sees Sales Rise Amid Tight Inventory Conditions

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market in March 2026 reports 27 total sales, marking a 4.3% increase year-over-year. Months of inventory stands at 1.8, indicating a sellers' market according to figures from the Greater San Diego Association of REALTORS®.

Market Analysis

Total sales for March 2026 reached 27, an increase from 19 sales in February 2026 and 24 sales in March 2025. This represents a 4.3% rise in sales activity compared to the prior year. The Sales-to-New-Listings Ratio (SNLR) is 73.0%, suggesting strong buyer demand relative to new inventory entering the market.

Active listings in March 2026 stand at 43, consistent with the 43 active listings reported in March 2025, and a slight increase from 41 active listings in February 2026. Months of inventory (MOI) is 1.8, a decrease from 1.9 in February 2026 and 2.0 in March 2025. This sustained low inventory contributes to the current market condition favoring sellers.

Property Type Analysis

Detached homes accounted for the majority of sales in March 2026, with 24 transactions. Attached/townhouse properties recorded 3 sales during the month.

In the 91941 zip code, detached homes saw 24 closed sales with a median price of $1,082,500, an 8.3% increase year-over-year. These properties spent an average of 31 days on market and sold for 101% of their list price. Attached homes in the same area recorded 3 closed sales, with a median price of $495,000, reflecting a 10.6% year-over-year increase. Attached properties had 58 days on market and sold for 95.5% of list price.

Regional Highlights

Focusing on the 91941 zip code (La Mesa, Mount Helix), the detached housing segment shows robust activity. New listings for detached homes totaled 34, with 32 pending sales and 24 closed sales. The year-over-year change in median price for detached homes in this area is 8.3%, while closed sales increased by 4.3%.

For attached properties in 91941, there were 3 new listings and 3 closed sales. The median price for attached homes in this region increased by 10.6% year-over-year, and closed sales saw a significant 50% increase compared to the previous year.

For Buyers

With the market favoring sellers and a low months of inventory, buyers in the Greater San Diego area should be prepared for competitive conditions. Securing pre-approval for financing and acting swiftly on desirable properties are crucial strategies. Buyers may also consider being flexible with their criteria to expand available options.

For Sellers

Sellers in the Greater San Diego market benefit from strong demand and limited inventory. With a Sales-to-New-Listings Ratio of 73.0% and properties selling quickly, pricing homes competitively and ensuring they are market-ready can attract multiple offers. Consulting with a REALTOR® can help maximize sale potential in this environment.