09Jan
By: Karl Bublitz On: January 9, 2024 In: Civita - Mission Valley, Lifestyle, Market Update Comments: 0
Know Your Homes True Value

January 2024 Housing Update – Civita in Mission Valley

Happy New Year! Let’s delve into the crucial metrics – property sale prices and inventory status, providing you with insights into the real estate dynamics of Civita in Mission Valley over the past 60 days. Anticipating a gradual easing of interest rates this year, there’s optimism for potential rate cuts from the Federal Reserve. Despite the uncertainties, the overall inventory in Civita has remained stable compared to the same period last year.

In recent months, Civita has experienced a consistent trend of limited housing inventory, boasting only four homes currently available for sale. During this period, six properties successfully changed hands, and an additional three are in the process with pending transactions. The sold homes fetched prices ranging from $950,000 to $1,700,000, spending an average of just 30 days on the market. Presently, the remaining four homes on the market are priced between $1,542,000 and $1,759,000, with an average market time of 28 days.

Whether you’re contemplating a move into or out of Civita, feel free to reach out for expert advice and support. We’re eager to assist you in turning your real estate aspirations into reality.

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 January, 9th 2024.

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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!