Justin Tye

Bonita, CA

Single-Family Homes

Active Realty I REAL



Bonita, CA

Fri May 24 2024
This week the median list price for Bonita, CA is $1,323,500 with the market action index hovering around 62. This is less than last month's market action index of 68. Inventory has increased to 14. Click here to stay informed with the Bonita market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Bonita, CA

Fri May 24 2024
This week the median list price for Bonita, CA is $1,323,500 with the market action index hovering around 62. This is less than last month's market action index of 68. Inventory has increased to 14. Click here to stay informed with the Bonita market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Bonita market.
Median List Price $1,323,500
Median Price of New Listings $1,299,000
Per Square Foot $506
Average Days on Market 46
Median Days on Market 14
Price Decreased 43%
Price Increased 0%
Relisted 21%
Inventory 14
Median Rent
Market Action 62
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,999,000 4,795 0.5 - 1 acre 5 4.5 34 0 0 21
$1,390,000 3,000 0.5 - 1 acre 4 3 42 0 1 21
$1,299,000 2,382 0.25 - 0.5 acre 4 3 48 3 1 0
$1,224,500 2,207 0.25 - 0.5 acre 4 3.3 52 2 2 17