Is Casa de Oro-Mount Helix, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$1,064,500
$485/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Casa de Oro-Mount Helix have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in Casa de Oro-Mount Helix was $1,064,500 in March 2024, up 12.1% from last year, and the median price per square foot was $485.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $331K | $350.4K | +5.9% |
| 2 Bedrooms | $476.2K | $667.5K | +40.2% |
| 3 Bedrooms | $897K | $990K | +10.4% |
| 4 Bedrooms | $1.1M | $1.1M | -2.2% |
| 5+ Bedrooms | $1.3M | $1.3M | +2.6% |
Summary: Casa de Oro-Mount Helix housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 40.2%, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Casa de Oro-Mount Helix | $950K | $1.0M | +12.1% |
| Rancho San Diego | $920K | $949K | +3.2% |
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
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 38 | +18.8% |
Summary: The Casa de Oro-Mount Helix real estate market had 38 homes for sale in March 2024, a 18.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 1 | 6 | +500.0% |
Summary: The Casa de Oro-Mount Helix housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 500%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Casa de Oro-Mount Helix, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Casa de Oro-Mount Helix in March 2024, the same as the previous month. Of the 10 sold homes, 30% were sold under asking, 20% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 39 Days | 10 Days | -73.6% |
Summary: Homes in Casa de Oro-Mount Helix had an average of 10 days on market in Mar 2024, down by 73.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Casa de Oro-Mount Helix are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in Casa de Oro-Mount Helix; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.