Your Local Market Report

Santee, CA 92071

Single-Family Homes



Santee, CA 92071

Tue Jul 16 2024
This week the median list price for Santee, CA 92071 is $879,900 with the market action index hovering around 87. This is less than last month's market action index of 88. Inventory has decreased to 21. Click here to stay informed with the Santee 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.

Santee, CA 92071

Tue Jul 16 2024
This week the median list price for Santee, CA 92071 is $879,900 with the market action index hovering around 87. This is less than last month's market action index of 88. Inventory has decreased to 21. Click here to stay informed with the Santee 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 Santee market.
Median List Price $879,900
Median Price of New Listings $875,000
Per Square Foot $586
Average Days on Market 27
Median Days on Market 21
Price Decreased 29%
Price Increased 5%
Relisted 10%
Inventory 21
Median Rent
Market Action 87
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
$1,275,000 2,150 8,000 - 10,000 sqft 4 3 63 1 2 28
$899,900 1,755 4,500 - 6,500 sqft 4 2 48 3 4 21
$875,000 1,359 6,500 - 8,000 sqft 3 2 54 3 5 14
$733,500 1,206 6,500 - 8,000 sqft 3 2 64 2 4 17