By: Karl Bublitz On: March 7, 2024 In: Civita - Mission Valley, Lifestyle, Market Update Comments: 0
Know Your Homes True Value

March 2024 Housing Update – Civita in Mission Valley

Over the last two months in Civita, there has been a slight increase in the availability of resale homes in Civita, with a total of nine properties currently up for grabs. Among these, two belong to the latest neighborhood development by Toll Brothers, Everly, bringing the total listings to 11. In the same period, four homes have been successfully sold, and another four are in the process of closing. The homes sold had price tags ranging from $980,432 to $1,660,000 and were on the market for an average of 25 days. Currently, the four homes still available are listed at prices ranging from $788,888 to $1,799,000, with an average listing duration of 13 days.

The real estate market is abuzz with speculation regarding potential changes to interest rates by the Federal Reserve in the near future. Interest rates remain a central topic of discussion, which, in my opinion, is deterring some potential buyers and sellers from entering the market. Currently, it appears that rates have decreased slightly over the past week, though the change is not substantial.

For those pondering a move to or from Civita, our team stands ready to offer unparalleled advice and support. We are dedicated to converting your real estate goals into reality. Don’t hesitate to contact us for bespoke services designed to meet your unique needs.

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 March, 7th 2024.

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