Your Local Market Report

La Mesa, CA 91942

Single-Family Homes



La Mesa, CA 91942

Thu Oct 24 2024
This week the median list price for La Mesa, CA 91942 is $929,400 with the market action index hovering around 55. This is less than last month's market action index of 62. Inventory has increased to 26. 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

Market Narrative

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.

La Mesa, CA 91942

Thu Oct 24 2024
This week the median list price for La Mesa, CA 91942 is $929,400 with the market action index hovering around 55. This is less than last month's market action index of 62. Inventory has increased to 26. 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

Market Narrative

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 La Mesa market.
Median List Price $929,400
Median Price of New Listings $785,000
Per Square Foot $642
Average Days on Market 41
Median Days on Market 25
Price Decreased 35%
Price Increased 0%
Relisted 8%
Inventory 26
Median Rent
Market Action 55
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,160,000 1,952 6,500 - 8,000 sqft 4 3 67 1 1 24
$964,950 1,784 6,500 - 8,000 sqft 3 2 64 0 0 28
$879,000 1,404 4,500 - 6,500 sqft 3 2 71 2 1 7
$749,900 1,044 4,500 - 6,500 sqft 3 1 71 4 0 0