Greater San Diego REALTORS® March 2026 Market Report: Sales Up 18.2% Year-Over-Year Amidst Tight Seller's Market

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market experienced a notable increase in sales activity during March 2026, with total sales reaching 14 units. This represents an 18.2% increase compared to March 2025, signaling robust demand. The market remains firmly in seller territory, characterized by 2.4 months of inventory, according to figures published by the Greater San Diego Association of REALTORS®.

Market Analysis

Total sales for March 2026 stood at 14, marking an 18.2% increase from the 15 sales recorded in March 2025. While sales saw a year-over-year rise, they experienced a slight dip from the 16 total sales observed in February 2026. This fluctuation suggests a dynamic market where demand remains strong, particularly when viewed against prior year performance.

The supply side of the market continues to favor sellers, with active listings at 43 units in March 2026. This represents an increase from 36 active listings in February 2026 but a significant decrease from 57 active listings in March 2025. Months of inventory (MOI) registered at 2.4, a slight increase from 2.3 in the prior month but a substantial reduction from 4.0 in March 2025, reinforcing the competitive environment for buyers. The sales-to-new-listings ratio (SNLR) of 51.9% further indicates that over half of new listings are absorbed by sales, contributing to the tight inventory.

Property Type Analysis

A breakdown by property type reveals that detached homes continue to dominate sales activity, accounting for 13 of the 14 total sales in March 2026. Attached homes, including townhouses, recorded 1 sale during the same period. This distribution underscores the strong preference and activity within the detached housing segment of the Greater San Diego market.

Regional Highlights

Within the broader Greater San Diego region, specific areas exhibit unique dynamics. For instance, in the 92106 Point Loma area, detached homes saw 18 new listings and 13 closed sales in March 2026, with a median price of $1,677,000. These detached properties sold at 100.3% of their list price with a median of 15 days on market, indicating strong buyer interest. Attached homes in Point Loma recorded 9 new listings and 1 closed sale, with a median price of $1,018,000, selling at 71.4% of list price.

For Buyers

Prospective buyers in the Greater San Diego market should be prepared for a competitive environment. With 2.4 months of inventory and a sales-to-new-listings ratio of 51.9%, properties are moving quickly. Buyers are advised to secure pre-approval for financing, act decisively when a suitable property becomes available, and consider making strong, well-researched offers to stand out in this seller-favored market.

For Sellers

Sellers in the Greater San Diego area are well-positioned in the current market. With sales up 18.2% year-over-year and inventory remaining tight at 2.4 months, demand is robust. Sellers should work with their REALTOR® to price their homes strategically, considering the strong buyer interest, and ensure their property is well-prepared to attract multiple competitive offers.