Greater San Diego Association of REALTORS®: March 2026 Market Sees Sales Rise 50% Year-Over-Year Amidst Tight Inventory

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market experienced a significant surge in sales during March 2026, with total sales reaching 21, a 50.0% increase compared to the previous year. This robust activity contributes to a pronounced seller's market, characterized by 1.9 months of inventory.

Market Analysis

The Greater San Diego housing market demonstrates strong demand in March 2026, as reported by the Greater San Diego Association of REALTORS®. Total sales climbed to 21, marking a substantial 50.0% increase from March 2025, which recorded 17 sales. This also represents a notable rise from the 15 sales observed in February 2026.

Supply remains constrained, with active listings at 32 and new listings totaling 28 for the month. The months of inventory stands at 1.9, a decrease from 2.1 in February 2026 and significantly lower than the 2.9 months recorded in March 2025. This tight inventory, coupled with a robust Sales-to-New-Listings Ratio (SNLR) of 75.0%, firmly establishes a seller's market condition.

Property Type Analysis

Within the Greater San Diego market, detached homes accounted for the majority of sales in March 2026, with 15 transactions reported by the Greater San Diego Association of REALTORS®. Attached homes and townhouses also contributed to the market activity, recording 6 sales during the period.

Regional Highlights

In the 92107 zip code, specific market dynamics are observed. Detached homes recorded 15 closed sales with a median price of $1,505,000. This median price reflects an 11.7% decrease compared to the prior year, while closed sales for detached properties in 92107 increased by 50.0% year-over-year. For attached properties in 92107, 6 closed sales were reported with a median price of $519,500, representing a 39.4% decrease from the previous year. These figures from the Greater San Diego Association of REALTORS® highlight varied performance within specific sub-markets.

For Buyers

Buyers in the Greater San Diego market should be prepared for competitive conditions in March 2026. With limited inventory and a strong seller's market, acting decisively with pre-approved financing is crucial. Flexibility on terms and a clear understanding of desired property features can enhance a buyer's position.

For Sellers

Sellers in the Greater San Diego area are well-positioned in March 2026 due to strong demand and low inventory. Strategic pricing, professional staging, and high-quality marketing can maximize interest and offers. Given the 1.9 months of inventory, sellers may anticipate a swift sales process.