Greater San Diego Association of REALTORS®: March 2026 Sees Sales Rise to 27, Inventory at 3.0 Months in Seller's Market

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego Association of REALTORS® reports a seller's market for March 2026, with total sales reaching 27 units and months of inventory holding steady at 3.0. This represents a notable increase in sales from 19 units in February 2026 and 21 units in March 2025.

Market Analysis

The Greater San Diego market maintains its status as a seller's market in March 2026, characterized by robust sales activity and stable inventory levels. Total sales for the month reached 27, marking a significant increase from the 19 sales recorded in the prior month and 21 sales in March 2025. This upward trend in sales indicates sustained buyer demand.

New listings totaled 58, while active listings increased to 105 from 69 in February 2026 and 90 in March 2025. Despite the rise in active listings, the months of inventory remained at 3.0, consistent with the prior month, suggesting that new supply is being absorbed by the market. The sales-to-new-listings ratio (SNLR) stands at 46.6%, further underscoring the competitive nature of the market where nearly half of new listings convert to sales.

Overall, the market dynamics for March 2026 reflect a healthy environment for sellers, with increasing sales volumes and a balanced inventory level that favors those listing their properties.

Property Type Analysis

A distinct difference in activity is observed between property types in March 2026. Attached properties, including townhouses, significantly outpaced detached homes in sales volume, with 25 attached units sold compared to 2 detached units. This trend highlights the strong demand for attached housing options within the region.

In the Mission Valley area (92108), attached properties recorded a median price of $605,000, experiencing a substantial 15.2% year-over-year increase in median price and a 13.6% year-over-year increase in closed sales. Detached homes in the same area, while fewer in sales, commanded a higher median price of $1,013,500.

Regional Highlights

Regional data from the 92108 zip code (Mission Valley) provides a granular view of market activity. Attached properties in Mission Valley saw 57 new listings and 25 closed sales, with a median price of $605,000 and 5.2 months of supply. This segment demonstrates strong year-over-year growth, with median prices up 15.2% and closed sales up 13.6% compared to March 2025.

Conversely, the detached segment in Mission Valley recorded 1 new listing and 2 closed sales, with a median price of $1,013,500 and 3 months of supply. The disparity in listing and sales volumes between attached and detached properties in this specific area mirrors the broader regional trend, indicating a more active market for attached homes.

For Buyers

In a seller's market with 3.0 months of inventory, buyers should be prepared to act decisively. Securing pre-approved financing and submitting competitive offers are crucial steps to navigate the current landscape effectively, especially for attached properties experiencing significant year-over-year price increases.

For Sellers

With sales increasing and a sustained seller's market, March 2026 presents a favorable environment for sellers. Strategic pricing, professional staging, and highlighting unique property features can help attract strong offers in this competitive market, particularly for attached properties which show robust demand and price appreciation.