Greater San Diego Association of REALTORS®: March 2026 Sales Surge 42.9% Year-Over-Year in Seller's Market

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego Association of REALTORS® reports a significant surge in sales for March 2026, with total sales reaching 26, marking a 42.9% increase year-over-year. The market maintains its status as a seller's market, characterized by 2.1 months of inventory.

Market Analysis

In March 2026, the Greater San Diego housing market experienced a notable uptick in activity, with total sales climbing to 26. This represents a substantial 42.9% increase compared to March 2025, when 21 sales were recorded. The market firmly remains in seller's territory, supported by a sales-to-new-listings ratio (SNLR) of 72.2%.

Inventory levels saw a slight increase month-over-month, with active listings rising to 55 in March from 52 in February 2026. Despite this, the months of inventory held steady at 2.1, matching the figure from March 2025 and indicating a tight supply environment. New listings for the month totaled 36, suggesting a gradual replenishment of available homes.

Property Type Analysis

Within the market, detached homes continue to drive a significant portion of activity, with 20 transactions recorded in March. The median price for detached properties reached $1,182,500, experiencing a 29.6% year-over-year increase in median price and a 42.9% rise in closed sales compared to the prior year. Months of supply for detached homes stood at 2.1, indicating a competitive segment.

Attached properties, including townhouses, accounted for 6 sales during the month. These homes saw a median price of $685,500, which represents a 3.5% increase year-over-year in median price. Months of supply for attached homes was 2.5. New listings for detached homes totaled 25, while 11 new attached listings entered the market.

Regional Highlights

The overall market dynamics in March 2026 reflect a robust environment for sellers, characterized by strong demand and limited inventory. The sales-to-new-listings ratio of 72.2% underscores the swift absorption of new properties entering the market. This sustained demand is evident in the significant year-over-year sales growth.

Despite an increase in active listings from the prior month, the months of inventory remains low at 2.1, suggesting that properties are moving quickly. This consistent low inventory, coupled with rising sales, points to a competitive landscape for buyers across the Greater San Diego region.

For Buyers

In this competitive seller's market, prospective buyers should prepare for swift decision-making and potential multiple-offer scenarios. Securing pre-approval for financing is crucial to strengthen offers. Buyers are advised to work closely with their REALTOR® to identify suitable properties quickly and to be ready to act decisively when the right home becomes available.

For Sellers

Sellers continue to benefit from favorable market conditions, including strong buyer demand and low inventory levels. While the market is robust, strategic pricing and excellent property presentation remain key to maximizing sale potential. Consulting with a REALTOR® to accurately price and market a home can help sellers capitalize on the current demand and achieve optimal outcomes.