Greater San Diego REALTORS®: March 2026 Market Sees Sales Rise 3.8% Year-Over-Year Amidst Seller's Market

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market experienced a notable increase in sales activity during March 2026, with total sales reaching 31, a 3.8% rise compared to March 2025. New listings totaled 49, contributing to 65 active listings, as the market maintains a seller's condition. Months of inventory stands at 1.9, indicating continued tight supply, according to figures published by the Greater San Diego Association of REALTORS®.

Market Analysis

Total sales for March 2026 reached 31, marking a significant increase from the 15 sales recorded in February 2026. This also represents a 3.8% year-over-year increase from the 31 sales in March 2025, demonstrating sustained buyer activity. The market continues to favor sellers, with 1.9 months of inventory, slightly up from 1.8 months in February 2026 but down from 2.2 months in March 2025, indicating a tightening supply over the past year.

New listings for the month were 49, contributing to a total of 65 active listings. This level of inventory, coupled with the Sales to New Listings Ratio (SNLR) of 63.3%, suggests that demand remains robust relative to the influx of new properties. The market's condition is officially classified as a seller's market, reflecting the competitive landscape for buyers.

Property Type Analysis

The majority of sales in March 2026 were attributed to detached homes, which accounted for 27 transactions. Attached/townhouse properties recorded 4 sales during the same period. This breakdown highlights the continued preference and activity within the detached housing segment of the Greater San Diego market.

Regional Highlights

In the Escondido East (92027) area, detached homes saw 27 closed sales in March 2026, reflecting a 3.8% increase year-over-year. The median price for detached homes in this specific region was $805,000, representing a 5.9% increase from the prior year, with months of supply at 1.9.

Conversely, the attached property segment in Escondido East recorded 4 closed sales, a 20% decrease year-over-year. The median price for attached homes in this area was $376,500, a significant decrease of 33.4% compared to the previous year, with 4.4 months of supply.

For Buyers

Buyers in the Greater San Diego market face a competitive environment, characterized by limited inventory and a seller's market condition. With 1.9 months of inventory, properties are moving quickly. Prospective buyers should be prepared to act decisively, secure pre-approval for financing, and work closely with a REALTOR® to navigate offers effectively and understand specific neighborhood dynamics.

For Sellers

Sellers continue to hold an advantageous position in the Greater San Diego market. With strong buyer demand reflected in a 63.3% Sales to New Listings Ratio and a 3.8% increase in sales year-over-year, properties are attracting interest. Sellers should consult with their REALTOR® to price homes strategically and prepare properties to maximize appeal, capitalizing on the current market conditions and limited inventory.