Justin Tye

Bonita, CA

Single-Family Homes

Active Realty I REAL



Bonita, CA

Thu Jun 20 2024
This week the median list price for Bonita, CA is $1,399,000 with the market action index hovering around 54. This is less than last month's market action index of 61. Inventory has increased to 17. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Thu Jun 20 2024
This week the median list price for Bonita, CA is $1,399,000 with the market action index hovering around 54. This is less than last month's market action index of 61. Inventory has increased to 17. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $1,399,000
Median Price of New Listings $1,349,000
Per Square Foot $528
Average Days on Market 52
Median Days on Market 28
Price Decreased 47%
Price Increased 0%
Relisted 18%
Inventory 17
Median Rent
Market Action 54
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
$1,999,499 3,756 0.5 - 1 acre 5 3.8 39 0 0 35
$1,474,500 3,048 0.5 - 1 acre 5 3.3 34 1 0 28
$1,343,500 2,511 0.25 - 0.5 acre 4 3 49 2 1 10
$1,250,000 2,457 8,000 - 10,000 sqft 4 3 47 0 0 28