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 June 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
$1,080,000
$498/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Casa de Oro-Mount Helix have sold for 17% more than they did a year ago.
Summary: The median home sold price in Casa de Oro-Mount Helix was $1,080,000 in June 2024, up 17% from last year, and the median price per square foot was $498.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350.2K | $490K | +39.9% |
| 2 Bedrooms | $437.5K | $705K | +61.1% |
| 3 Bedrooms | $905K | $1.0M | +11.0% |
| 4 Bedrooms | $1.0M | $1.1M | +4.6% |
| 5+ Bedrooms | $1.3M | $1.5M | +15.2% |
Summary: Casa de Oro-Mount Helix housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.9%, 2 bedroom homes increased by 61.1%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 15.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Casa de Oro-Mount Helix | $923K | $1.0M | +17.0% |
| Rancho San Diego | $900K | $922.5K | +2.5% |
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
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 61 | 59 | -3.3% |
Summary: The Casa de Oro-Mount Helix real estate market had 59 homes for sale in June 2024, a 3.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 23 | 24 | +4.3% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The Casa de Oro-Mount Helix housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 21 | 18 | -14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 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 18 homes were sold or pending in Casa de Oro-Mount Helix in June 2024, down by 14.3% month-over-month. Of the 18 sold homes, 28% were sold under asking, 22% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 15 Days | 20 Days | +30.7% |
Summary: Homes in Casa de Oro-Mount Helix had an average of 20 days on market in Jun 2024, up by 30.7% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 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 June 2024, 18 homes were sold in Casa de Oro-Mount Helix; 72% of homes were sold within 30 days, 28% 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.