05Apr
By: Karl Bublitz On: April 5, 2023 In: Civita - Mission Valley, Lifestyle, Market Update Comments: 0
Know Your Homes True Value

April 2023 Housing Market – Civita in Mission Valley

Over the last 60 days, Civita has experienced a significant surge in home sales, recording five successful transactions along with 3 homes under contract- a significant improvement from the previous months with only two sales. The average home prices range from $905,000 to $1,382,500, while the average time on the market has shrunk down to a mere 12 days, a considerable decrease compared to the previous months. Currently, six homes are available for purchase, priced between $964,998 and $1,122,998, with an average of 84 days on the market. Despite the low inventory in Civita, there’s still a massive demand for properties from eager buyers, making it an ideal time to sell your property. Interest rates have decreased slightly in the past week, although they remain volatile, with frequent changes from day to day. In March, the average list to sales price was 99.3%, signifying a significant improvement from November 2022’s 86.7%. Contact us if you are considering buying or selling a home in Civita.

Average Vs. Median Active Market Time

Average List to Sales Price (%)

Pending Listings

Number of Sales

New Listings

Active Listings

*All information is deemed reliable, but not guaranteed. Information obtained through the San Diego MLS on April, 5th 2023.

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Give me a call today at (240) 461-7361 or email me at Karl@livingthesandiegolife.com for more information or to schedule a tour of the neighborhood!