Greater San Diego REALTORS®: March 2026 Market Sees Sales Rise 15.4% Year-Over-Year in Seller's Environment

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego Association of REALTORS® reports a robust March 2026 housing market, characterized by 21 total sales, a 15.4% increase compared to March 2025. With 23 new listings and a sales-to-new-listings ratio (SNLR) of 91.3%, the market remains firmly in favor of sellers.

Market Analysis

The Greater San Diego housing market demonstrates strong activity in March 2026, with total sales reaching 21, marking a significant 15.4% increase compared to March 2025. This represents a substantial rise from the 13 sales recorded in February 2026, indicating a clear acceleration in market transactions. The sales-to-new-listings ratio (SNLR) stands at 91.3%, underscoring robust buyer demand and quick absorption of new inventory.

Market conditions are currently favorable for sellers, as evidenced by the low months of inventory (MOI) at 1.6. While this is a slight increase from 1.3 months in February 2026 and 1.4 months in March 2025, it still signifies a highly competitive environment. Active listings remain steady at 40, matching the level seen in March 2025 and slightly up from 39 in February 2026, yet demand continues to outpace available supply.

Property Type Analysis

A breakdown of property types reveals distinct trends within the Greater San Diego market. Detached homes accounted for 15 sales in March 2026, while attached/townhouse properties recorded 6 sales. In the 92081 (Vista South) area, detached homes saw 15 new listings and 15 closed sales, with a median price of $956,000. These properties spent an average of 28 days on market and sold for 99.6% of their list price.

Attached properties in 92081 recorded 8 new listings and 6 closed sales, with a median price of $605,000. They had a slightly longer average of 30 days on market and sold for 98.8% of their list price. The months of supply for detached homes in 92081 is 1.6 months, reflecting a tight market, whereas attached homes show 3.9 months of supply. Year-over-year, detached home sales in 92081 increased by 15.4%, though their median price decreased by 15%. Attached home sales in 92081 decreased by 33.3% year-over-year, with their median price declining by 24.4%.

Regional Highlights

Regional data from the 92081 (Vista South) area provides specific insights into local market dynamics. Detached homes in Vista South experienced strong sales activity, with 15 closed transactions in March 2026. The median price for detached homes in this area was $956,000, with properties selling close to their asking price at 99.6% and spending an average of 28 days on the market.

Attached properties in Vista South also saw activity, with 6 closed sales and a median price of $605,000. These homes were on the market for an average of 30 days, achieving 98.8% of their list price. The inventory level for detached homes in 92081 stands at 1.6 months of supply, indicating a highly competitive environment for buyers in this segment.

For Buyers

In this seller's market, buyers in Greater San Diego should be prepared for competitive conditions, including limited inventory and quick sales. Securing pre-approval for financing is crucial to strengthen offers, and acting decisively when a suitable property becomes available can be advantageous. Buyers should work closely with their REALTOR® to navigate the fast-paced environment and understand local market nuances.

For Sellers

Sellers in the Greater San Diego market are well-positioned in March 2026, benefiting from low inventory and strong buyer demand. To maximize success, sellers should ensure their homes are well-prepared and priced strategically to attract multiple offers. Given the low months of inventory and high sales-to-new-listings ratio, a well-marketed property is likely to sell quickly and close to its asking price.