Greater San Diego Association of REALTORS®: March 2026 Market Sees Limited Sales Activity Amidst Shifting Inventory

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market recorded a single sale in March 2026, according to figures released by the Greater San Diego Association of REALTORS®. This period saw 2 new listings and 3 active listings, resulting in 2.3 months of inventory. The market remains in a sellers' condition, despite the low transaction volume.

Market Analysis

The Greater San Diego housing market experienced extremely limited transaction volume in March 2026, with only one total sale reported by the Greater San Diego Association of REALTORS®. This figure is consistent with the single sale recorded in March 2025, but represents an increase from zero sales in February 2026. Given the very small number of transactions, percentage changes in sales volume are not meaningful indicators of market trends.

Supply dynamics show a slight increase in available homes compared to the prior month. Active listings rose to 3 in March 2026, up from 1 in February 2026, though still below the 4 active listings observed in March 2025. New listings for the month totaled 2. Months of Inventory (MOI) stood at 2.3 months, an increase from 0.8 months in February 2026, but a decrease from 3.3 months in March 2025.

Despite the low sales volume, the market condition is identified as a sellers' market. The Sales-to-New-Listings Ratio (SNLR) for March 2026 was 50.0%, indicating that half of the new listings resulted in a sale within the reporting period. This suggests that while overall transactions are few, demand for available properties remains present.

Property Type Analysis

Detached homes accounted for the sole sale recorded in March 2026, with zero sales reported for attached/townhouse properties. For the 91963 Potrero area, detached homes saw 2 new listings and 1 closed sale. The median price for a detached home in 91963 was $465,000, with properties selling at an average of 97.9% of their list price and spending 21 days on market.

There were no new listings or active listings for attached properties in the 91963 Potrero area during March 2026, reflecting a complete absence of activity in this segment. The overall market's limited sales volume makes broad comparisons between property types challenging for the Greater San Diego region.

Regional Highlights

The Greater San Diego region's housing market in March 2026 is characterized by extremely low sales activity, with only one transaction reported by the Greater San Diego Association of REALTORS®. This low volume makes it difficult to discern widespread regional trends, as individual transactions can significantly skew aggregate data.

While the market is designated as a sellers' market, this designation is based on the ratio of active listings to sales, rather than robust sales volume. The modest increase in active listings from February 2026 suggests a slight easing of inventory constraints, though overall supply remains limited.

For Buyers

Buyers in the Greater San Diego market should be prepared for limited inventory, particularly in specific property types and price points. With the market identified as favoring sellers, quick decision-making and competitive offers may be necessary when desirable properties become available. Consulting with a REALTOR® is crucial to navigate the nuances of a low-volume market and identify opportunities.

For Sellers

Sellers in the Greater San Diego area benefit from a market condition that favors them, even with low overall sales volume. Strategic pricing and effective marketing remain key to attracting the right buyer. Given the limited number of transactions, sellers should work closely with their REALTOR® to understand local demand and position their property competitively to achieve a successful sale.