Greater San Diego REALTORS®: March 2026 Market Sees Sales Surge 28.6% Amidst Seller's Conditions

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market experienced a notable increase in activity during March 2026, with total sales reaching 47, a significant 28.6% rise compared to March 2025. This period continues to favor sellers, characterized by robust demand and competitive conditions.

Market Analysis

The Greater San Diego market recorded 47 total sales in March 2026, a substantial increase from 27 sales in February 2026 and 34 sales in March 2025. New listings totaled 62, indicating a steady influx of properties, while the sales-to-new-listings ratio (SNLR) stood at 75.8%, reflecting strong buyer absorption of new inventory.

Active listings in March 2026 reached 106 properties, an increase from 87 in February 2026 and 92 in March 2025. Months of inventory measured 2.3, up from 1.5 in February 2026 and 1.6 in March 2025. Despite the slight increase in inventory, the market remains firmly in seller territory, as evidenced by the quick absorption of new listings and overall market dynamics.

Property Type Analysis

In March 2026, detached homes accounted for 27 sales, while attached homes and townhouses saw 20 sales across the Greater San Diego area. For the CarlsbadSE (92009) sub-market, detached homes recorded a median price of $1,900,000, with properties selling at an average of 99.2% of their list price and spending 32 days on market. Detached sales in this area increased by 28.6% year-over-year, though the median price saw a 3.3% decrease compared to March 2025.

Attached homes in CarlsbadSE (92009) registered a median price of $860,000, achieving 97.2% of their list price and selling in an average of 27 days. This segment experienced a significant 53.8% surge in closed sales year-over-year, accompanied by a 2.7% increase in median price from March 2025. These figures are published by the Greater San Diego Association of REALTORS® and highlight varying performance across property types within specific regional pockets.

Regional Highlights

Focusing on the CarlsbadSE (92009) sub-market, March 2026 data provides specific insights into regional trends. Detached homes in this area saw 35 new listings and 27 closed sales, with an inventory of 50 units and 2.3 months of supply. This indicates a balanced but still competitive environment for detached properties.

Attached homes in CarlsbadSE (92009) had 27 new listings and 20 closed sales, with an inventory of 56 units and 3.3 months of supply. The quicker sales cycle (27 days on market) for attached homes compared to detached (32 days) suggests robust demand in this segment. These localized metrics, published by the Greater San Diego Association of REALTORS®, offer a granular view of market activity within the broader region.

For Buyers

In this seller's market, prospective buyers in Greater San Diego should be prepared to act decisively. Securing pre-approval for financing is crucial, and presenting competitive offers that align with market values, as evidenced by properties selling close to list price, can improve success. Flexibility with terms and a clear understanding of desired property characteristics are also beneficial.

For Sellers

Sellers in the Greater San Diego market are well-positioned to capitalize on current demand. Pricing strategies should be informed by recent comparable sales and market conditions, aiming for competitive positioning. Presenting homes in optimal condition and leveraging professional marketing can attract strong offers, as properties are moving quickly and often close to their asking price.