Greater San Diego Association of REALTORS®: March 2026 Sees 5 Sales Amidst Balanced Market Conditions and Rising Inventory

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego Association of REALTORS® reports a balanced market for March 2026, with 5 total sales recorded. Active listings increased to 41, contributing to 5.9 months of inventory. These figures reflect a market with limited transaction volume.

Market Analysis

The Greater San Diego housing market experienced a balanced condition in March 2026, according to figures from the Greater San Diego Association of REALTORS®. Total sales for the month stood at 5, a decrease from 7 sales in February 2026 and 6 sales in March 2025. This low transaction volume suggests a cautious market.

Supply dynamics shifted, with active listings rising to 41 in March, up from 37 in February. This increase in available homes contributed to an uptick in months of inventory, reaching 5.9 months, compared to 5.3 months in the prior month. Despite the increase, inventory remains below the 6.9 months recorded in March 2025.

The sales-to-new-listings ratio (SNLR) for March was 41.7%, indicating that less than half of new listings resulted in a sale within the reporting period. This, combined with the low sales count, reinforces the balanced market assessment, where neither buyers nor sellers hold a significant advantage.

Property Type Analysis

A breakdown by property type reveals that all 5 sales recorded in March 2026 were detached homes. The detached segment saw 12 new listings and maintained an inventory of 40 homes, resulting in 5.9 months of supply. The median price for detached homes was $480,000, with homes selling at 94.8% of list price and an average of 113 days on market.

In contrast, the attached/townhouse segment recorded no sales in March, with 0 new listings and only 1 active listing. This lack of activity makes it difficult to assess market trends for this property type. Apartment sales data was not available for the period.

Regional Highlights

In the local market represented by zip code 92036 (Julian), the detached housing segment recorded a median price of $480,000 in March 2026, according to the Greater San Diego Association of REALTORS®. Homes in this specific area spent an average of 113 days on the market and sold for 94.8% of their original list price, indicating a market where buyers have some negotiating room.

The area saw 12 new detached listings, contributing to an inventory of 40 detached homes. With 5 detached sales, the months of supply for detached properties in this specific area aligns with the overall market at 5.9 months, suggesting a consistent supply-demand balance within this segment.

For Buyers

Buyers in the Greater San Diego market may find opportunities in the current balanced conditions. With 41 active listings and 5.9 months of inventory, there is a greater selection of homes compared to previous periods. Buyers are advised to work closely with their REALTOR® to identify properties that align with their needs and to be prepared for negotiation, as homes are selling at an average of 94.8% of list price in some areas.

For Sellers

Sellers should recognize the shift towards a balanced market. With 12 new listings and 41 active listings, competition for buyers may be increasing. Pricing strategies should be realistic and competitive from the outset, considering the median days on market of 113 days for detached homes. Partnering with a REALTOR® to accurately price and strategically market their property is crucial to attract offers in this environment.