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

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market recorded 3 total sales in March 2026, maintaining a strong seller's market condition. Months of inventory stood at 1.0, indicating tight supply, while total sales remained consistent with both the prior month and prior year, according to figures published by the Greater San Diego Association of REALTORS®.

Market Analysis

The Greater San Diego market continues to operate under seller-favorable conditions in March 2026, with only 3 total sales recorded. This low transaction volume, consistent with February 2026 and March 2025, reflects a highly constrained inventory environment. Active listings decreased significantly to 5 from 12 in February 2026, and are slightly higher than the 4 active listings observed in March 2025. Only 1 new listing entered the market during the month, further contributing to the tight supply.

Months of inventory tightened to 1.0 in March, down from 1.5 in February 2026, but higher than the 0.7 months recorded in March 2025. The Sales-to-New-Listings Ratio (SNLR) of 300.0% underscores the intense buyer competition for the limited available properties, indicating that sales far outpaced new inventory additions. This dynamic reinforces the current seller's market.

Property Type Analysis

Detached homes accounted for all 3 sales in March 2026, while no attached properties were sold. For detached homes, the median sales price reached $1,050,000, with properties selling for an average of 102.7% of their list price, suggesting competitive bidding. The average days on market for detached homes was 47 days, with 4 detached homes in inventory and 1 month's supply.

In contrast, the attached segment saw no sales, despite having 1 unit in inventory and a 0.6 months' supply. This highlights a significant divergence in activity between property types within the limited market.

Regional Highlights

In the Rancho San Diego (91978) area, the detached housing market saw 1 new listing and 3 closed sales in March 2026. The median price for detached homes in this specific area was $1,050,000, with properties selling at an average of 102.7% of their list price after 47 days on market. Detached inventory stood at 4 units, representing 1 month's supply.

The attached segment in Rancho San Diego recorded no new listings and no closed sales, with 1 unit in inventory and 0.6 months' supply, mirroring the broader regional trend of limited attached property transactions.

For Buyers

Buyers in the Greater San Diego market face a challenging environment characterized by extremely low inventory and strong competition. With properties often selling above list price, prospective buyers should be pre-approved for financing, prepared to act quickly, and consider offering competitive terms to secure a property in this seller-driven market.

For Sellers

Sellers in Greater San Diego continue to benefit from favorable market conditions. With only 1 new listing entering the market and a Sales-to-New-Listings Ratio of 300.0%, demand significantly outstrips supply. Strategic pricing and professional marketing can attract multiple offers and potentially lead to sales above the asking price, as observed with detached homes selling at 102.7% of list price.