Loren Sanchez's Market Report

La Mesa, CA

Single-Family Homes

The Loren Sanchez Group | loren@lorensanchez.com | 619.384.0494



La Mesa, CA

Sun Jan 29 2023
This week the median list price for La Mesa, CA is $1,049,499 with the market action index hovering around 48. This is an increase over last month's market action index of 45. Inventory has decreased to 38. 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

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.

La Mesa, CA

Sun Jan 29 2023
This week the median list price for La Mesa, CA is $1,049,499 with the market action index hovering around 48. This is an increase over last month's market action index of 45. Inventory has decreased to 38. 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

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 La Mesa market.
Median List Price $1,049,499
Median Price of New Listings $949,900
Per Square Foot $528
Average Days on Market 97
Median Days on Market 91
Price Decreased 47%
Price Increased 3%
Relisted 50%
Inventory 38
Median Rent
Market Action 48
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,566,000 3,214 0.25 - 0.5 acre 4 3 52 0 2 91
$1,175,000 2,500 0.25 - 0.5 acre 4 3 63 0 2 91
$949,450 1,741 8,000 - 10,000 sqft 3 2.3 55 4 5 21
$744,500 1,262 6,500 - 8,000 sqft 3 2 67 1 5 101