Is Casa de Oro-Mount Helix, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Casa de Oro-Mount Helix is a seller's market

Buyer's
Market

Difference Since January 2023

Since last year, Casa de Oro-Mount Helix has remained a Seller's Market.

Key Takeaway

Casa de Oro-Mount Helix is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Casa de Oro-Mount Helix, CA

How much do homes in Casa de Oro-Mount Helix, CA cost?

Median Sold Price

$1,055,000

$481/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$105,000(+11.1%)

Key Takeaway

Homes in Casa de Oro-Mount Helix have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Casa de Oro-Mount Helix was $1,055,000 in January 2024, up 11.1% from last year, and the median price per square foot was $481.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $312K$350.4K
+12.3%
2 $437.5K$685K
+56.6%
3 $910.1K$935K
+2.7%
4 $1.1M$1.1M
-1.9%
5+ $1.3M$1.3M
+5.1%

Summary: Casa de Oro-Mount Helix housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.3%, 2 bedroom homes increased by 56.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Neighborhoods

Casa de Oro-Mount Helix
+11.1%
Rancho San Diego
+7.9%

Housing Supply in Casa de Oro-Mount Helix, CA

How many homes are available in Casa de Oro-Mount Helix, CA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
2918-37.9%

Summary: The Casa de Oro-Mount Helix real estate market had 18 homes for sale in January 2024, a 37.9% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 75
-28.6%
4 137
-46.2%
5+ 95
-44.4%

Summary: The Casa de Oro-Mount Helix housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 46.2%, and 5+ bedroom homes decreased by 44.4%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
156-60.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Casa de Oro-Mount Helix, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Casa de Oro-Mount Helix in January 2024, down by 60.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Casa de Oro-Mount Helix, CA

How long does it take to sell a home in Casa de Oro-Mount Helix, CA?

Average Sale Time

Jan 2023Jan 2024CHANGE
20 Days27 Days+35.7%

Summary: Homes in Casa de Oro-Mount Helix had an average of 27 days on market in Jan 2024, up by 35.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Casa de Oro-Mount Helix are selling fast, if you're buying plan to act quickly.

Summary: During January 2024, 6 homes were sold in Casa de Oro-Mount Helix; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

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