Market Report

Lemon Grove, CA

Single-Family Homes

Chartwell Escrow



Lemon Grove, CA

Wed May 22 2024
This week the median list price for Lemon Grove, CA is $879,000 with the market action index hovering around 75. This is an increase over last month's market action index of 67. Inventory has decreased to 7. Click here to stay informed with the Lemon Grove market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Lemon Grove, CA

Wed May 22 2024
This week the median list price for Lemon Grove, CA is $879,000 with the market action index hovering around 75. This is an increase over last month's market action index of 67. Inventory has decreased to 7. Click here to stay informed with the Lemon Grove market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Lemon Grove market.
Median List Price $879,000
Median Price of New Listings $879,000
Per Square Foot $521
Average Days on Market 16
Median Days on Market 14
Price Decreased 0%
Price Increased 43%
Relisted 0%
Inventory 7
Median Rent
Market Action 75
Strong Seller's Market

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
$938,490 1,801 - 4 3.5 0 0 0 28
$917,450 1,993 4,500 - 6,500 sqft 4 2.5 23 0 1 21
$850,450 2,250 8,000 - 10,000 sqft 4 3.3 33 1 1 14
$712,475 1,176 4,500 - 6,500 sqft 2 1.5 55 0 1 7