Justin Tye

El Cajon, CA

Single-Family Homes

Active Realty I REAL



El Cajon, CA

Fri May 24 2024
This week the median list price for El Cajon, CA is $1,071,950 with the market action index hovering around 75. This is less than last month's market action index of 80. Inventory has increased to 80. Click here to stay informed with the El Cajon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

El Cajon, CA

Fri May 24 2024
This week the median list price for El Cajon, CA is $1,071,950 with the market action index hovering around 75. This is less than last month's market action index of 80. Inventory has increased to 80. Click here to stay informed with the El Cajon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the El Cajon market.
Median List Price $1,071,950
Median Price of New Listings $1,112,500
Per Square Foot $500
Average Days on Market 37
Median Days on Market 21
Price Decreased 35%
Price Increased 3%
Relisted 10%
Inventory 80
Median Rent
Market Action 75
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,664,000 3,448 0.5 - 1 acre 5 3.5 36 5 3 28
$1,207,500 2,472 0.25 - 0.5 acre 4 3 41 5 3 10
$944,000 1,996 8,000 - 10,000 sqft 4 2.5 45 4 6 35
$749,500 1,402 8,000 - 10,000 sqft 3 2 64 4 7 14