Greater San Diego Association of REALTORS® March 2026 Report: San Diego Market Sees 6 Sales Amidst Seller Conditions

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego Association of REALTORS® reports a total of 6 sales in March 2026, indicating a market favoring sellers. With only 1.0 months of inventory, the region continues to experience tight supply conditions.

Market Analysis

The Greater San Diego market recorded 6 total sales in March 2026, a decrease from 10 sales in February 2026 and 11 sales in March 2025. Despite the lower transaction volume, the market remains firmly in sellers' territory, as evidenced by a low 1.0 months of inventory. This figure represents a slight tightening from 1.1 months in February 2026 and a significant reduction from 1.8 months in March 2025, according to the Greater San Diego Association of REALTORS®.

New listings for March 2026 totaled 11, while active listings stood at 16. The sales-to-new-listings ratio (SNLR) was 54.5%, suggesting that over half of new inventory is absorbed within the reporting period, further underscoring the strong demand relative to available homes.

Property Type Analysis

A breakdown by property type reveals 2 detached home sales and 4 attached/townhouse sales in March 2026. For detached homes in the 91950 area, the median price was $757,500 with homes selling at 101.2% of list price in an average of 8 days on market. Attached homes recorded a median price of $453,500, selling at 97.2% of list price with an average of 6 days on market, as reported by the Greater San Diego Association of REALTORS®.

Inventory levels for the 91950 area show 8 detached homes and 8 attached homes available. Detached homes had 1.0 months of supply, while attached homes had 2.1 months of supply. Year-over-year, detached home median prices increased by 16.5%, and attached home median prices rose by 6.7%.

Regional Highlights

Within the 91950 (National City) area, the market dynamics reflect broader regional trends of tight supply and strong buyer competition. Detached homes in this specific area saw 10 new listings and 8 pending sales, with 2 closed sales. Attached homes had 1 new listing, 1 pending sale, and 4 closed sales.

The swift pace of sales, particularly for detached homes selling above list price and with a median of 8 days on market, highlights the competitive environment in the 91950 area. Attached homes also moved quickly, with a median of 6 days on market.

For Buyers

In a market characterized by low inventory and quick sales, prospective buyers should be prepared to act decisively. Securing pre-approval for financing, understanding their budget thoroughly, and being flexible with property preferences can provide a competitive edge. Working closely with a REALTOR® to identify new listings promptly is crucial.

For Sellers

Sellers in the current market may find favorable conditions, with homes selling quickly and often near or above asking price. While demand is strong, presenting a well-maintained and market-ready property can maximize appeal and ensure a smooth transaction. Consulting with a REALTOR® to accurately price the home and navigate multiple offers is advisable to capitalize on current market dynamics.