Greater San Diego Association of REALTORS®: March 2026 Sees Minimal Sales Activity Amidst Tight Inventory

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego Association of REALTORS® reports extremely limited residential real estate activity for March 2026, with zero total sales recorded. Active listings remained exceptionally low at just one property, contributing to a market condition favoring sellers.

Market Analysis

The residential real estate market in March 2026, as reported by the Greater San Diego Association of REALTORS®, experienced negligible transaction volume, with zero total sales. This extremely low sales count makes year-over-year and month-over-month percentage changes statistically insignificant. Active listings stood at one property, identical to February 2026 and March 2025. This tight supply resulted in a Months of Inventory (MOI) of 0.5, indicating a strong sellers' market, consistent with the 0.5 MOI in February 2026 and slightly tighter than the 0.6 MOI observed in March 2025.

Despite the market being characterized as a sellers' market, the absence of sales transactions highlights a severe lack of available properties rather than a lack of buyer interest. The limited inventory continues to be the primary factor shaping market dynamics, creating a challenging environment for both buyers and sellers seeking to complete transactions.

Property Type Analysis

Breaking down the market by property type, both detached and attached/townhouse segments recorded zero sales in March 2026. The detached market segment had one active listing, while the attached market had no active listings. Data for the apartment segment's sales activity is not available.

This uniform lack of sales across property types underscores the pervasive inventory shortage affecting the entire residential market, rather than specific segments. The single active listing reported is for a detached property, indicating that even in a sellers' market, the supply of homes for sale is critically low.

Regional Highlights

Data for specific areas, such as zip code 91948 (Mount Laguna), reflects this broader trend of extremely limited activity. In this area, detached homes had one active listing and zero sales, while attached homes had zero active listings and zero sales. This localized data, published by the Greater San Diego Association of REALTORS®, underscores the severe inventory constraints impacting transaction volumes across specific pockets of the Greater San Diego region.

For Buyers

Prospective buyers in this market face significant challenges due to the scarcity of available properties. With only one active listing reported across the entire market, buyers should be prepared for intense competition and swift decision-making when suitable properties emerge. Working closely with a REALTOR® to identify off-market opportunities or properties before they are widely listed is crucial.

For Sellers

For sellers, the current market conditions, characterized by extremely low inventory and a 0.5 Months of Inventory, present a favorable environment. Despite the zero sales recorded, the strong demand relative to supply suggests that well-priced and well-marketed properties are likely to attract significant interest. Sellers should consult with their REALTOR® to strategize on optimal pricing and presentation to capitalize on the limited competition.