Greater San Diego REALTORS®: March 2026 Market Report Shows Robust Sales Growth Amidst Tight Inventory

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market experiences significant activity in March 2026, marked by a 62.5% year-over-year increase in total sales, reaching 19 transactions. Active listings stand at 21, contributing to a tight 1.1 months of inventory, indicating a strong sellers' market, according to figures published by the Greater San Diego Association of REALTORS®.

Market Analysis

In March 2026, the Greater San Diego housing market demonstrates robust demand, with total sales reaching 19. This represents a substantial 62.5% increase in sales compared to March 2025, when 12 sales were recorded. Compared to the prior month of February 2026, sales have surged from 7 to 19, reflecting a significant uptick in buyer activity. New listings for the month total 13, while active listings stand at 21, as published by the Greater San Diego Association of REALTORS®.

The market continues to favor sellers, with months of inventory at a low 1.1, down from 1.5 in February 2026 and 1.5 in March 2025. This tight supply environment is further underscored by a Sales-to-New-Listings Ratio (SNLR) of 146.2%, indicating that demand significantly outpaces the rate of new properties entering the market. These conditions firmly establish a sellers' market.

Property Type Analysis

A breakdown of property types reveals distinct trends within the market. Detached homes account for 13 sales in March 2026, while attached/townhouse properties record 6 sales. In the 92010 Carlsbad NE area, detached homes closed at a median price of $1,860,000, representing a 28.3% year-over-year increase in median price. Detached sales in this area also saw a 62.5% year-over-year increase in closed transactions.

Attached properties in the 92010 Carlsbad NE area closed at a median price of $1,035,000, experiencing a 1% year-over-year increase in median price. Closed sales for attached properties in this area increased by 50% year-over-year. Detached homes in 92010 Carlsbad NE spent an average of 18 days on market and sold for 100.8% of list price, while attached homes spent 24 days on market and sold for 100.4% of list price, indicating strong buyer competition across both segments.

Regional Highlights

Focusing on the 92010 Carlsbad NE submarket, the data published by the Greater San Diego Association of REALTORS® illustrates a highly competitive environment. Detached homes in this area recorded 7 new listings and 13 closed sales, with an inventory of 8 units and 1.1 months of supply. The median price for detached homes reached $1,860,000, selling for 100.8% of the list price after an average of 18 days on market.

For attached properties in 92010 Carlsbad NE, there were 6 new listings and 6 closed sales. The median price for attached homes stood at $1,035,000, with properties selling for 100.4% of the list price after 24 days on market. The months of supply for attached homes in this specific area is 3.4, higher than the overall market average but still indicative of a balanced to seller-leaning market.

For Buyers

Buyers in the Greater San Diego market face a competitive landscape characterized by low inventory and strong demand. With months of inventory at 1.1, properties are moving quickly, often selling above list price. Prospective buyers should be prepared to act decisively, secure pre-approval for financing, and consider submitting strong, competitive offers to improve their chances in this sellers' market, according to the Greater San Diego Association of REALTORS®.

For Sellers

Sellers in the Greater San Diego area are well-positioned in March 2026. With a robust Sales-to-New-Listings Ratio of 146.2% and low months of inventory, properties are attracting significant buyer interest. To maximize their advantage, sellers should work with a REALTOR® to price their homes strategically, prepare their properties for showings, and be ready to evaluate multiple offers, as advised by the Greater San Diego Association of REALTORS®.