Greater San Diego Association of REALTORS®: March 2026 Market Report Shows Balanced Conditions Amidst Limited Sales Activity

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego Association of REALTORS® reports a balanced market for March 2026, with 9 total sales recorded. Active listings stood at 70, contributing to a Months of Inventory (MOI) of 4.7. This period saw 20 new listings enter the market.

Market Analysis

The Greater San Diego Association of REALTORS® characterizes the March 2026 market as balanced, with a Months of Inventory (MOI) of 4.7. Total sales for the month reached 9, a slight decrease from the 11 sales reported in February 2026 and March 2025. Given the low transaction volume, percentage changes in sales activity are not considered meaningful for this period.

Supply dynamics show 20 new listings added in March 2026, contributing to an increase in active listings to 70, up from 68 in February 2026. However, active listings remain significantly lower than the 92 recorded in March 2025, when MOI was 6.8. The Sales-to-New-Listings Ratio (SNLR) for the month was 45.0%, indicating that nearly half of new listings found a buyer within the period.

Property Type Analysis

Breaking down sales by property type, detached homes accounted for 8 of the 9 total sales in March 2026, while attached properties recorded 1 sale. The median price for detached homes was $3,800,000, with properties selling at an average of 92.2% of their list price and spending 78 days on market. For attached properties, the single sale recorded a median price of $3,635,000, selling at 91.7% of list price after 118 days on market.

Regional Highlights

Data published by the Greater San Diego Association of REALTORS® for this period indicates that the area experienced a balanced market with a 4.7 Months of Inventory. The median price for detached homes stood at $3,800,000, while the single attached property sale recorded a median price of $3,635,000. These figures reflect specific market dynamics within the reported area, with a notable decrease in active listings compared to March 2025.

For Buyers

In a balanced market with 4.7 Months of Inventory, buyers may find opportunities to negotiate, particularly for properties that have been on the market for an extended period. With detached homes averaging 78 days on market, prospective buyers are advised to work closely with their REALTOR® to identify well-priced properties and craft competitive offers that reflect current market conditions.

For Sellers

Sellers in this balanced market should focus on strategic pricing and presentation to attract serious buyers. With properties selling at an average of 92.2% of list price for detached homes, accurate initial pricing is crucial. Consulting with a REALTOR® to understand local comparables and prepare homes for market can help optimize sale outcomes.