06Jan
By: Karl Bublitz On: January 6, 2023 In: Civita - Mission Valley, Lifestyle, Market Update Comments: 0
Know Your Homes True Value

January 2023 Housing Market – Civita in Mission Valley

Over the last month in Civita there has been 3 sale and 2 homes go are under contract. Currently, there are 5 homes for sale in Civita with an average price of $1,345,498. The number of sold homes has really taken a drop over the past couple months. Back in September 8 homes sold in an average of 25 days in the community.

Time on market has risen to its highest this year with an average of 74 days compared to just 6 days in August. There is an outliers which has been on the market for over 200 days. Removing that home from the data leaves the average market time at 46 days. There seemed to be a lot of potential buyers and sellers on the sidelines through the holidays. January and February should me more telling as to how the market is reacting to the current interest rates. Be sure to always use a professional in your area that understand the Civita market and upcoming developments.

Average Vs. Median Active Market Time

Average List to Sales Price (%)

Pending Listings

Number of Sales

New Listings

Active Listings

And Always Remember, It Matters Who You Work With!

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!