Greater San Diego Association of REALTORS®: March 2026 Sees Sales Surge 60% Year-Over-Year Amidst Persistent Sellers' Market

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego Association of REALTORS® reports a robust March 2026, with total sales reaching 12, marking a significant 60.0% increase year-over-year. The market continues to favor sellers, characterized by 2.2 months of inventory.

Market Analysis

The Greater San Diego real estate market in March 2026 demonstrates strong activity, with total sales reaching 12, a substantial 60.0% increase compared to the 10 sales recorded in March 2025. This also represents an uptick from the 11 sales observed in February 2026, according to figures published by the Greater San Diego Association of REALTORS®. The market firmly remains a sellers' market, supported by a robust Sales-to-New Listings Ratio (SNLR) of 80.0%, indicating strong buyer demand for available properties.

Supply metrics show 15 new listings entering the market during March, contributing to 33 active listings. While active listings have increased from 29 in February 2026 and 27 in March 2025, the months of inventory stands at 2.2. This figure is slightly higher than February's 2.1 months but lower than the 2.4 months recorded in March 2025, suggesting that despite new inventory, properties are being absorbed at a healthy pace, maintaining competitive conditions for buyers.

Property Type Analysis

A breakdown by property type reveals distinct trends within the market. Detached homes accounted for 8 sales in March 2026, while attached/townhouse properties saw 4 sales. Apartment sales data is not available for this period.

In the 92102 zip code, detached homes recorded a median price of $1,285,000, representing an 11.7% increase year-over-year, with closed sales also up 60% compared to the prior year. The months' supply for detached homes in this area stands at 2.2. Conversely, attached properties in 92102 had a median price of $477,500, showing a 2.7% year-over-year increase, though closed sales for this segment decreased by 20% from the previous year. The months' supply for attached homes in 92102 is higher at 4.4, suggesting a more balanced market for this property type compared to detached homes.

Regional Highlights

Regional insights from the 92102 zip code, encompassing areas like Golden Hill and South Park, offer a more granular view of market dynamics. Detached homes in this specific region experienced strong appreciation, with a median price of $1,285,000 and an 11.7% year-over-year increase. Sales for detached properties in 92102 also mirrored the broader regional trend, surging by 60% compared to March 2025.

The attached segment in 92102, while seeing a modest 2.7% year-over-year median price increase to $477,500, recorded a 20% decline in closed sales from the previous year. This divergence highlights varied performance across property types even within specific submarkets, with detached homes showing stronger momentum in both price growth and sales volume.

For Buyers

In a market favoring sellers with low months of inventory and strong competition, prospective buyers are advised to be prepared with pre-approvals and to act decisively when a suitable property becomes available. Flexibility on terms and a clear understanding of market values, particularly for detached homes experiencing significant year-over-year price increases, can provide a competitive edge.

For Sellers

Sellers in the Greater San Diego market are well-positioned to capitalize on current conditions. With a robust 80.0% Sales-to-New Listings Ratio and low months of inventory, properties are attracting strong interest. Pricing strategically and presenting homes in optimal condition can maximize offers and ensure a swift sale, especially for detached properties which are seeing strong demand and price appreciation.