Your Local Market Report

El Cajon, CA 92021

Single-Family Homes



El Cajon, CA 92021

Sun Dec 22 2024
This week the median list price for El Cajon, CA 92021 is $825,000 with the market action index hovering around 51. This is an increase over last month's market action index of 49. Inventory has decreased to 30. Click here to stay informed with the El Cajon market!

Market Action Index

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

Strong Seller's Market

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

El Cajon, CA 92021

Sun Dec 22 2024
This week the median list price for El Cajon, CA 92021 is $825,000 with the market action index hovering around 51. This is an increase over last month's market action index of 49. Inventory has decreased to 30. Click here to stay informed with the El Cajon market!

Market Action Index

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

Strong Seller's Market

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the El Cajon market.
Median List Price $825,000
Median Price of New Listings $799,900
Per Square Foot $519
Average Days on Market 60
Median Days on Market 49
Price Decreased 57%
Price Increased 3%
Relisted 10%
Inventory 30
Median Rent
Market Action 51
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
$1,150,000 2,773 1 - 2.5 acres 4 2 46 0 1 77
$900,000 1,544 6,500 - 8,000 sqft 4 2 53 0 2 63
$799,948 1,562 0.25 - 0.5 acre 3 2.5 57 2 1 38
$762,450 1,362 6,500 - 8,000 sqft 3 2 61 1 2 38