Greater San Diego Association of REALTORS®: March 2026 Market Sees Sales Surge 45.5% 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 activity during March 2026, with total sales reaching 16, marking a significant 45.5% rise compared to March 2025, according to figures published by the Greater San Diego Association of REALTORS®. This period continues to favor sellers, characterized by a 64.0% sales-to-new-listings ratio and 2.3 months of inventory.

Market Analysis

Total sales in the Greater San Diego area increased to 16 in March 2026, representing a substantial 45.5% year-over-year growth from the 11 sales recorded in March 2025. This upward trend also reflects a modest increase from the 15 sales observed in February 2026. The market remains firmly in favor of sellers, as evidenced by a sales-to-new-listings ratio (SNLR) of 64.0%.

Active listings saw an increase to 38 in March 2026, up from 32 in February 2026, and slightly higher than the 37 active listings in March 2025. Despite the rise in active listings, the months of inventory (MOI) stands at 2.3, indicating a relatively tight supply. This MOI represents an increase from 1.9 in February 2026 but a decrease from 2.6 in March 2025, suggesting a market where demand continues to absorb available properties at a steady pace.

Property Type Analysis

The detached housing segment drove all sales activity in March 2026, recording 16 transactions. In contrast, the attached/townhouse segment registered no sales during this period. This indicates a strong preference or availability within the detached home market.

Regional Highlights

In the 92029 Escondido West submarket, detached homes saw a median price of $1,220,000 in March 2026, marking a significant 19.9% increase year-over-year. Detached sales in this area mirrored the broader trend, with a 45.5% year-over-year increase in closed transactions. The detached inventory in 92029 stood at 36 units, with 2.3 months of supply.

The attached segment in 92029 recorded no closed sales, similar to the overall Greater San Diego trend for this property type. This segment maintained a low inventory of 2 units and 1.5 months of supply, suggesting limited options for buyers in this specific property category within Escondido West.

For Buyers

Buyers in the Greater San Diego market face a competitive environment, characterized by a seller's market and relatively low months of inventory. It is crucial for prospective buyers to be pre-approved for financing, act decisively when suitable properties become available, and work closely with a local REALTOR® to navigate current market conditions effectively.

For Sellers

Sellers in the Greater San Diego area continue to benefit from favorable market conditions, with strong buyer demand and a 64.0% sales-to-new-listings ratio. To maximize outcomes, sellers should focus on strategic pricing, professional staging, and high-quality marketing to attract serious buyers and capitalize on the current market momentum.