Greater San Diego Association of REALTORS®: March 2026 Market Report Shows Strong Sales Growth and Benchmark Price Increase

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market experiences robust activity in March 2026, with the Composite Benchmark Price reaching $2,512,500. Total sales for the month increased to 52, marking an 18.2% rise compared to March 2025, according to figures published by the Greater San Diego Association of REALTORS®.

Market Analysis

The Greater San Diego market maintains a strong seller's advantage in March 2026, characterized by a Composite Benchmark Price of $2,512,500. This represents a significant increase from February 2026's benchmark of $2,100,000 and a substantial rise from March 2025's $1,887,750. Total sales reached 52 units, a notable increase from 29 sales in the prior month and an 18.2% year-over-year increase from 45 sales in March 2025, as reported by the Greater San Diego Association of REALTORS®.

Supply dynamics show 91 new listings entering the market, contributing to 149 active listings. Despite new inventory, the Sales-to-New-Listings Ratio (SNLR) stands at 57.1%, indicating strong buyer demand absorbing a significant portion of new supply. Months of Inventory (MOI) is 3.6, slightly down from 3.8 in February 2026, but higher than 3.0 in March 2025, suggesting a balanced but still competitive environment for buyers.

Property Type Analysis

Sales activity is evenly distributed across property types in March 2026. Both detached homes and attached/townhouse properties recorded 26 sales each. This balanced distribution suggests broad demand across different housing segments within the Greater San Diego market, according to figures published by the Greater San Diego Association of REALTORS®.

Regional Highlights

In the La Jolla (92037) market, specific trends emerge from the broader Greater San Diego data. Detached homes in La Jolla saw 26 closed sales from 48 new listings, with a median price of $3,375,000, representing a 2.7% increase year-over-year. Attached properties in La Jolla also recorded 26 closed sales from 43 new listings, with a median price of $1,787,000. This segment experienced a substantial 49.7% year-over-year increase in median price, as reported by the Greater San Diego Association of REALTORS®.

For Buyers

Buyers navigating the competitive Greater San Diego market in March 2026 should be prepared for a seller's market. With a Sales-to-New-Listings Ratio of 57.1% and Months of Inventory at 3.6, properties are moving quickly. Prospective buyers benefit from pre-approval, clear understanding of their budget, and acting decisively when a suitable property becomes available.

For Sellers

Sellers in the Greater San Diego market continue to hold an advantageous position in March 2026. The Composite Benchmark Price of $2,512,500 and robust sales activity indicate strong buyer interest. To maximize their position, sellers should work with a REALTOR® to price their home competitively, present it in its best condition, and be prepared for multiple offers.