Jason Kardos' "How's the Market?" Report

La Mesa, CA 91942

Single-Family Homes

jason.kardos@mthelixlifestyles.com | 619-347-6337 | DRE # 01324429



La Mesa, CA 91942

Sun Mar 03 2024
This week the median list price for La Mesa, CA 91942 is $860,000 with the market action index hovering around 64. This is an increase over last month's market action index of 59. Inventory has decreased to 13. Click here to stay informed with the La Mesa market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

La Mesa, CA 91942

Sun Mar 03 2024
This week the median list price for La Mesa, CA 91942 is $860,000 with the market action index hovering around 64. This is an increase over last month's market action index of 59. Inventory has decreased to 13. Click here to stay informed with the La Mesa market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the La Mesa market.
Median List Price $860,000
Median Price of New Listings $860,000
Per Square Foot $612
Average Days on Market 36
Median Days on Market 21
Price Decreased 23%
Price Increased 8%
Relisted 23%
Inventory 13
Median Rent
Market Action 64
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,399,999 3,200 4,500 - 6,500 sqft 4 3 63 0 1 35
$944,000 1,706 6,500 - 8,000 sqft 3 2 76 2 1 21
$850,000 1,223 8,000 - 10,000 sqft 3 2 64 1 2 14
$797,500 1,064 0.25 - 0.5 acre 2 2 73 2 0 14