Greater San Diego Association of REALTORS® Reports Balanced Market in March 2026 with Increased Sales and Inventory

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market demonstrated a balanced condition in March 2026, as total sales reached 47, an increase from 27 sales in February 2026 and 42 sales in March 2025. Active listings climbed to 327, contributing to 4.0 months of inventory, according to figures published by the Greater San Diego Association of REALTORS®.

Market Analysis

March 2026 saw the Greater San Diego housing market maintain a balanced condition, characterized by a notable uptick in sales activity. Total sales for the month reached 47, marking a significant increase from the 27 sales recorded in February 2026 and also surpassing the 42 sales from March 2025. This growth in transactions suggests sustained buyer interest.

Concurrently, the supply side of the market expanded, with active listings rising to 327. This represents an increase from 225 active listings in February 2026 and 295 in March 2025. The Months of Inventory (MOI) also grew, reaching 4.0 months in March 2026, up from 3.3 months in the prior month and 3.0 months in the prior year. This trend indicates a gradual increase in available properties, offering more choices for prospective buyers. The Sales to New Listings Ratio (SNLR) stood at 33.3%, reflecting the proportion of new listings that converted to sales during the period.

Property Type Analysis

A distinct divergence in sales activity is evident across property types within the Greater San Diego market. Detached properties recorded only 1 sale in March 2026, indicating very limited transactions in this segment. In stark contrast, attached/townhouse properties dominated the market activity, accounting for 46 sales during the same period. This significant difference highlights a strong preference or greater availability in the attached housing sector.

Regional Highlights

Examining specific sub-markets, Downtown San Diego (92101) provides further insight into property type dynamics. In this area, attached properties saw 141 new listings and 46 closed sales in March 2026, with a median price of $795,000 and an average of 52 days on market. The months of supply for attached homes in Downtown stood at 7.4 months. Meanwhile, detached properties in Downtown recorded 0 new listings and 1 closed sale, with a median price of $1,175,000 and a swift 18 days on market, reflecting extremely limited inventory. The months of supply for detached homes in this specific area was 4.0 months, aligning with the overall market's MOI but with vastly different sales volumes.

For Buyers

With the Greater San Diego market in a balanced state and Months of Inventory at 4.0, buyers may find an expanding selection of properties. It is advisable for prospective buyers to closely monitor inventory levels, particularly for specific property types and desired neighborhoods, as conditions can vary. Engaging with a local REALTOR® is crucial to navigate these evolving dynamics and identify suitable opportunities.

For Sellers

As active listings and months of inventory increase, sellers in the Greater San Diego market may encounter more competition. Strategic pricing and meticulous property presentation become paramount to attract offers. Sellers are encouraged to consult with a REALTOR® to develop an effective marketing strategy and price their homes competitively to stand out in a market with growing supply.