Greater San Diego Association of REALTORS®: March 2026 Market Sees Limited Sales Amidst Tight Inventory

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market recorded 4 total sales in March 2026, with 6 new listings entering the market. Active listings stood at 9, contributing to 3.4 months of inventory, indicating a market favoring sellers, according to the Greater San Diego Association of REALTORS®.

Market Analysis

The Greater San Diego market continues to experience constrained activity in March 2026, with only 4 total sales reported. This represents an increase from the 1 sale recorded in February 2026, but a decrease from the 6 sales in March 2025. New listings totaled 6 for the month, while active listings remained at 9, consistent with the prior month. The sales-to-new-listings ratio (SNLR) for March is 66.7%.

Months of inventory tightened to 3.4 months, down from 3.9 months in February 2026 and 4.2 months in March 2025, further solidifying the current seller's market condition. Given the small number of sales, percentage changes in sales volume are not considered meaningful.

Property Type Analysis

A breakdown of sales by property type reveals 1 detached home sale and 3 attached/townhouse sales in March 2026. Data from the 92091 Rancho Santa Fe area provides further insight into property type dynamics.

In this specific region, detached homes recorded 1 sale with a median price of $3,232,500, selling quickly in 9 days on market and achieving 94.4% of list price. Attached homes in 92091 saw 3 sales with a median price of $2,010,000, selling in 30 days on market and securing 97.3% of list price. Months of supply in 92091 stood at 3.4 months for detached homes and 1.5 months for attached homes, highlighting varying inventory levels across property types.

Regional Highlights

The 92091 Rancho Santa Fe area illustrates specific market trends within the broader Greater San Diego region. Detached properties in 92091 demonstrated strong demand, with 3 new listings and 1 closed sale, maintaining 6 units of inventory and 3.4 months of supply. Attached properties in the same area also saw 3 new listings and 3 closed sales, with 3 units of inventory and a tighter 1.5 months of supply. These figures suggest that while overall sales volume remains low, specific submarkets and property types can exhibit distinct supply and demand characteristics.

For Buyers

Buyers in the Greater San Diego market face competitive conditions due to limited inventory and a prevailing seller's market. With only 9 active listings and 3.4 months of inventory, properties can move quickly. Prospective buyers should be prepared to act decisively with strong, well-researched offers, and consider pre-approval to enhance their position.

For Sellers

Sellers are well-positioned in the current Greater San Diego market, characterized by low inventory and a seller's market condition. With only 3.4 months of inventory, properly priced homes are likely to attract attention. Sellers should work closely with their REALTOR® to strategically price their property and prepare it for market to capitalize on the existing demand.