Greater San Diego Association of REALTORS®: March 2026 Market Sees Sales Nearly Double Year-Over-Year Amidst Tight Inventory

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market experienced robust activity in March 2026, with total sales reaching 36, a significant 94.4% increase compared to March 2025. The Composite Benchmark Price stood at $1,075,000, while months of inventory remained tight at 1.5, indicating a strong sellers' market, according to the Greater San Diego Association of REALTORS®.

Market Analysis

The Greater San Diego market in March 2026 demonstrated strong demand, characterized by a significant year-over-year increase in total sales. Sales nearly doubled from 20 in March 2025 to 36, also marking an 80% increase from the 20 sales recorded in February 2026. The Composite Benchmark Price, as reported by the Greater San Diego Association of REALTORS®, stood at $1,075,000 in March 2026, a decrease from $1,248,750 in February 2026.

Inventory levels remain a critical factor, with months of inventory at a low 1.5 in March 2026, a slight decrease from 1.6 in February 2026 and significantly lower than the 3.3 months recorded in March 2025. Active listings stood at 59, a modest increase from 56 in the prior month but a notable decrease from 88 active listings in March 2025. The Sales-to-New-Listings Ratio (SNLR) of 81.8% further underscores the competitive environment, firmly positioning the market in favor of sellers.

Property Type Analysis

Detached homes continued to dominate the market in March 2026, accounting for 35 of the 36 total sales reported by the Greater San Diego Association of REALTORS®. In contrast, attached/townhouse properties saw only 1 sale during the same period. While specific benchmark prices for property types across the entire region are not available, this distribution highlights the strong preference and activity within the detached housing segment.

Regional Highlights

Regional data from specific areas, such as Poway (92064), provides further insight into property type dynamics. In Poway, detached homes recorded 37 new listings and 35 closed sales, with a median price of $1,243,125 and 1.5 months of supply. The median price for detached homes in Poway saw a year-over-year decrease of 32.7%. Attached homes in Poway saw 7 new listings and 1 closed sale, with a median price of $725,000 and 3.6 months of supply, experiencing an 8.3% year-over-year increase in median price. These figures, published by the Greater San Diego Association of REALTORS®, illustrate varying market conditions and price points within the broader San Diego region.

For Buyers

In this competitive sellers' market, buyers are advised to be well-prepared with pre-approved financing and to act swiftly when suitable properties become available. Given the low months of inventory at 1.5, properties are moving quickly. Consulting with a local REALTOR® is crucial to navigate current conditions and understand specific neighborhood trends.

For Sellers

Sellers are currently in a favorable position, with strong demand indicated by the 81.8% Sales-to-New-Listings Ratio and low inventory levels. Pricing strategies should reflect the current market value, and presenting a well-maintained property can maximize interest. Working with a REALTOR® can help sellers effectively market their homes to capitalize on the robust buyer activity.