Greater San Diego REALTORS® March 2026 Report: Sales Decline 30.3% Year-Over-Year Amidst Tight Inventory

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market reports 46 total sales in March 2026, a 30.3% decrease compared to March 2025. Months of inventory stands at 1.2, indicating a continued seller's market, according to figures published by the Greater San Diego Association of REALTORS®.

Market Analysis

Total sales for March 2026 reached 46, marking a significant 30.3% decline from the 55 sales recorded in March 2025. This also represents a decrease from the 53 sales observed in the prior month, February 2026. New listings totaled 69, while active listings stood at 75, contributing to a sales-to-new-listings ratio (SNLR) of 66.7%.

Inventory levels remain constrained, with months of inventory at 1.2. While this is a slight increase from 1.0 months in February 2026, it is considerably lower than the 1.8 months reported in March 2025. The market continues to favor sellers, with active listings significantly lower than the 97 recorded in the same period last year, underscoring persistent supply challenges.

Property Type Analysis

In March 2026, both detached and attached/townhouse properties recorded 23 sales each, demonstrating an equal distribution of transactions across these property types within the Greater San Diego market.

Regional Highlights

Focusing on the Oceanside East (92056) submarket, detached homes saw 23 closed sales with a median price of $910,000. This median price reflects a 7.1% decrease year-over-year. Detached properties in this area spent an average of 36 days on market and sold for 97.3% of their list price, with 1.2 months of supply.

For attached properties in Oceanside East (92056), 23 closed sales were reported with a median price of $775,000, representing an 11.5% increase year-over-year. These homes had an average of 49 days on market and also sold for 97.3% of their list price, with 1.7 months of supply. The divergent year-over-year median price trends between detached and attached homes in this specific zip code highlight varied market dynamics.

For Buyers

Buyers navigate a competitive market characterized by low inventory. Securing pre-approval and acting decisively on suitable properties are crucial strategies. Working with a REALTOR® can provide an advantage in identifying opportunities and crafting competitive offers.

For Sellers

Sellers benefit from favorable market conditions with limited supply. While demand remains strong, strategic pricing and professional staging can maximize appeal and ensure a timely sale. Consulting with a REALTOR® helps in setting an optimal price and marketing strategy.