Greater San Diego REALTORS®: March 2026 Sales Surge 42.9% Year-Over-Year Amidst Tight Inventory

Greater San Diego Association of REALTORS® — March 2026

The Greater San Diego housing market experiences a robust March 2026, with total sales reaching 28, marking a significant 42.9% increase year-over-year. Inventory remains constrained at 1.8 months, solidifying a competitive seller's market, according to figures published by the Greater San Diego Association of REALTORS®.

Market Analysis

The Greater San Diego housing market in March 2026 demonstrates strong demand and limited supply, maintaining a seller's market. Total sales reached 28, a notable increase of 42.9% compared to March 2025. This surge in sales activity also represents a substantial rise from the 18 sales recorded in February 2026, indicating a strong start to the spring buying season.

Active listings saw a slight increase to 53 from 51 in the prior month and 45 in March 2025. Despite this, the Months of Inventory (MOI) tightened further, dropping to 1.8 months in March 2026 from 2.4 months in February 2026 and 2.6 months in March 2025. This low MOI, coupled with a robust Sales-to-New-Listings Ratio (SNLR) of 75.7%, underscores the competitive environment for buyers.

The market's sustained momentum, characterized by rising sales and shrinking inventory, suggests continued upward pressure on prices and a swift pace for transactions. These figures are published by the Greater San Diego Association of REALTORS®.

Property Type Analysis

A closer look at property types reveals distinct trends within the Greater San Diego market. Detached homes recorded 10 sales, while attached properties, including townhouses, saw 18 sales. The higher sales volume for attached properties suggests a different demand dynamic compared to detached homes in the broader region.

New listings for detached homes totaled 11, with 26 new listings for attached properties. The market conditions for both types contribute to the overall seller's market, with limited choices for buyers across the board.

Regional Highlights

In the 92110 Morena area, market activity reflects broader regional trends with some unique characteristics. Detached homes in Morena saw 10 closed sales from 11 new listings, with a median price of $1,645,000. These homes sold for 98.1% of their list price after an average of 33 days on the market, with 1.8 months of supply available. Year-over-year, detached sales increased by 42.9% in this zip code, though the median price decreased by 3.1%.

The attached segment in Morena recorded 18 closed sales from 26 new listings. The median price for attached properties stood at $610,000, experiencing an 18% year-over-year decline. Despite the price adjustment, attached sales in Morena soared by 125% compared to March 2025. These properties had 3.1 months of supply and spent an average of 69 days on the market, selling for 96.6% of their list price. These figures are published by the Greater San Diego Association of REALTORS®.

For Buyers

Buyers navigating the Greater San Diego market in March 2026 face a competitive landscape characterized by low inventory and strong demand. Securing pre-approval for financing is crucial to strengthen offers. Given the swift pace of sales and limited options, buyers should be prepared to act quickly when suitable properties become available and consider working closely with a REALTOR® to identify opportunities.

For Sellers

Sellers in the Greater San Diego market benefit from favorable conditions in March 2026, with a robust seller's market and low months of inventory. Strategic pricing remains key to attracting multiple offers and maximizing sale potential. Presenting homes in their best condition and working with a REALTOR® to effectively market properties can capitalize on the strong buyer demand and achieve optimal outcomes.