Greater San Diego REALTORS®: March 2026 Market Sees Overall Sales Rise 10% Year-Over-Year Amidst Seller's Conditions

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market experienced an overall 10.0% increase in sales activity year-over-year during March 2026, according to figures published by the Greater San Diego Association of REALTORS®. Total sales for detached and attached properties reached 32, occurring within a prevailing seller's market characterized by 2.6 months of inventory.

Market Analysis

March 2026 saw a total of 32 sales for detached and attached properties, a slight increase from the 30 sales recorded in February 2026. Compared to March 2025, when 35 sales were reported, the current month's specific sales count is lower, yet the broader Greater San Diego market registered a 10.0% increase in sales activity year-over-year. This indicates varied performance across market segments.

New listings totaled 63 for the month, contributing to 94 active listings. The market's Sales-to-New-Listings Ratio (SNLR) stands at 50.8%, suggesting that approximately half of new inventory is absorbed within the period. With 2.6 months of inventory, the market remains firmly in seller territory, a slight increase from 2.2 months in February 2026 but comparable to 2.5 months in March 2025.

Property Type Analysis

A breakdown by property type reveals that attached properties accounted for the majority of sales in March 2026, with 21 transactions, while detached homes recorded 11 sales. This trend is further illustrated by data from the 92103 zip code (Hillcrest/Mission Hills), where attached properties saw 21 closed sales from 38 new listings, and detached homes recorded 11 closed sales from 25 new listings.

In the 92103 area, detached homes commanded a median price of $1,504,500 with a median of 21 days on market and 2.6 months of supply. Attached properties in the same area had a median price of $740,000, a median of 31 days on market, and 3.5 months of supply. Year-over-year, detached sales in 92103 increased by 10.0%, while attached sales decreased by 12.5%. Median prices in 92103 saw a year-over-year decline of 13.3% for detached homes and 3.6% for attached homes.

Regional Highlights

Focusing on the 92103 zip code (Hillcrest/Mission Hills), the market exhibits distinct characteristics for different property types. Detached homes in this area recorded a median price of $1,504,500, with properties spending a median of 21 days on the market and selling at 98.9% of their original list price. Inventory for detached homes stood at 32 units, representing 2.6 months of supply.

Attached properties in Hillcrest/Mission Hills showed a median price of $740,000, with a median of 31 days on market and achieving 99.4% of their list price. The inventory for attached homes was 62 units, equating to 3.5 months of supply. These figures, published by the Greater San Diego Association of REALTORS®, highlight localized pricing and inventory dynamics.

For Buyers

In this seller's market, buyers in Greater San Diego should be prepared for competitive conditions. It is crucial to secure pre-approval for financing and act decisively when a suitable property becomes available. Working closely with a REALTOR® can provide a strategic advantage, offering insights into localized market trends and assisting with strong offer preparation.

For Sellers

Sellers in the Greater San Diego market continue to benefit from favorable conditions, with 2.6 months of inventory indicating strong demand. To maximize outcomes, sellers should focus on strategic pricing, professional staging, and high-quality marketing to attract multiple offers. Collaborating with a REALTOR® is essential for navigating negotiations and achieving optimal sale prices.