Greater San Diego Association of REALTORS®: March 2026 Market Sees Sales Surge 55.6% Amidst Seller's Market Conditions

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 28, a substantial 55.6% increase compared to March 2025. This robust activity contributes to a prevailing seller's market, as reported by the Greater San Diego Association of REALTORS®.

Market Analysis

Total sales for March 2026 climbed to 28, marking a significant increase from 18 sales in February 2026 and 16 sales in March 2025. This strong year-over-year growth of 55.6% indicates robust buyer demand. The Sales-to-New-Listings Ratio (SNLR) stands at 59.6%, further underscoring the competitive nature of the market.

Active listings in March 2026 totaled 93, an increase from 79 in February 2026, but a slight decrease from 96 in March 2025. Months of Inventory (MOI) is recorded at 2.6, a modest rise from 2.5 in the prior month but a decrease from 3.0 in March 2025. These figures collectively reinforce the current market condition as favorable to sellers.

Property Type Analysis

Both detached and attached property types recorded 14 sales each in March 2026, demonstrating balanced activity across housing segments. For the 92109 zip code, detached homes achieved a median price of $2,602,500, with sales experiencing a 55.6% year-over-year increase. Attached homes in the same zip code saw a median price of $1,106,000, with sales surging by 100% year-over-year.

In the 92109 area, detached properties spent an average of 45 days on market and sold for 97.1% of their list price. Attached properties in 92109 moved more quickly, with an average of 27 days on market and selling for 98.1% of their list price, indicating strong demand and efficient transactions for these homes.

Regional Highlights

The 92109 zip code, encompassing Pacific Beach and Mission Beach, exhibits particularly strong market dynamics. Detached homes in this area recorded a median price of $2,602,500, representing a 55.4% year-over-year increase in median price. Attached homes in 92109 experienced a median price of $1,106,000, with an 8.2% year-over-year increase in median price.

New listings in 92109 totaled 19 for detached properties and 28 for attached properties. The months of supply for detached homes in 92109 is 2.6, aligning with the overall market trend, while attached properties in this specific region show 4 months of supply.

For Buyers

In a seller's market, buyers face competitive conditions. It is advisable for prospective buyers to secure pre-approval for financing, be prepared to act quickly on desirable properties, and consider making strong, well-researched offers to stand out.

For Sellers

Sellers are in an advantageous position, but strategic pricing and property presentation remain crucial. Working with a REALTOR® to accurately price a home and effectively market it can maximize returns, especially given the current demand and low months of inventory.