Greater San Diego REALTORS® March 2026 Report: Sales Rise Month-Over-Month Amidst Persistent Seller's Market

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market reports 48 total sales in March 2026, an increase from 38 sales in February 2026, according to figures published by the Greater San Diego Association of REALTORS®. The market maintains a seller's condition with 2.3 months of inventory, while total sales show a 6.3% decrease year-over-year.

Market Analysis

The Greater San Diego housing market continues to favor sellers in March 2026, marked by 2.3 months of inventory, a slight decrease from 2.6 months in February 2026 and 2.5 months in March 2025. Total sales reached 48, an increase from 38 sales in the prior month, February 2026. However, this represents a 6.3% decline compared to 41 sales in March 2025, according to figures published by the Greater San Diego Association of REALTORS®.

New listings totaled 72, contributing to 99 active listings. The sales-to-new-listings ratio (SNLR) stands at 66.7%, indicating that a significant portion of new inventory is absorbed by buyer demand. Active listings saw a modest increase from 89 in February 2026 and 90 in March 2025, suggesting a gradual replenishment of available homes.

Property Type Analysis

In March 2026, detached homes accounted for 30 of the total sales, while attached/townhouse properties contributed 18 sales. Focusing on the Encinitas (92024) market, detached homes recorded a median price of $2,437,500, experiencing a 21.8% year-over-year increase in median price. These homes spent an average of 31 days on market and sold for 99.7% of their list price, according to figures published by the Greater San Diego Association of REALTORS®.

Attached properties in Encinitas (92024) saw a median price of $1,092,500, despite a 21.4% year-over-year decrease in median price. Sales for attached homes in Encinitas surged by 125% year-over-year. These properties spent 27 days on market and achieved 99.4% of their original list price, indicating strong demand within this segment.

Regional Highlights

The Encinitas (92024) market provides specific insights into property type performance within the Greater San Diego region. Detached new listings totaled 45, with 62 units in inventory, resulting in 2.3 months of supply. Attached new listings were 27, with 37 units in inventory, leading to 2.7 months of supply, according to figures published by the Greater San Diego Association of REALTORS®.

The robust year-over-year median price growth for detached homes in Encinitas, coupled with a significant increase in attached home sales, highlights varied dynamics across property types and sub-markets. The overall market condition remains a seller's market, reflecting persistent demand across the region.

For Buyers

In a persistent seller's market with 2.3 months of inventory, buyers should be prepared for competitive conditions. Securing pre-approval for financing and acting swiftly on desirable properties are crucial strategies. Buyers may also consider exploring various property types and sub-markets to find opportunities that align with their budget and preferences.

For Sellers

Sellers continue to hold an advantageous position in the Greater San Diego market. With a sales-to-new-listings ratio of 66.7% and properties selling close to list price, strategic pricing and professional staging can maximize appeal. Sellers should work with their REALTOR® to accurately price their home to attract strong offers and capitalize on current demand.