Market Report
Chula Vista, CA 91914
Single-Family Homes
Chartwell Escrow
Chula Vista, CA 91914
Thu Dec 26 2024
This week the median list price for Chula Vista, CA 91914 is $1,724,499 with the market action index hovering around 36. This is an increase over last month's market action index of 32. Inventory has decreased to 14.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.
Real-Time Market Profile
| Median List Price | $1,724,499 | |
| Median Price of New Listings | $1,300,000 | |
| Per Square Foot | $551 | |
| Average Days on Market | 127 | |
| Median Days on Market | 95 | |
| Price Decreased | 21% | |
| Price Increased | 0% | |
| Relisted | 7% | |
| Inventory | 14 | |
| Median Rent | ||
| Market Action | 36 | |
| Slight Seller's Advantage | ||
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 |
|---|---|---|---|---|---|---|---|---|
| $4,500,000 | 6,800 | 0.5 - 1 acre | 6 | 6.5 | 16 | 0 | 0 | 196 |
| $2,200,000 | 3,820 | 0.25 - 0.5 acre | 5 | 4 | 20 | 0 | 0 | 287 |
| $1,524,000 | 3,603 | 8,000 - 10,000 sqft | 5 | 4 | 18 | 1 | 0 | 52 |
| $1,037,388 | 1,774 | 8,000 - 10,000 sqft | 3 | 2.5 | 22 | 2 | 2 | 70 |