Is Chula Vista, 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, Chula Vista has remained a Seller's Market.
Housing Prices in Chula Vista, CA
How much do homes in Chula Vista, CA cost?
Median Sold Price
$790,100
$469/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Chula Vista was $790,100 in June 2024, up 8.1% from last year, and the median price per square foot was $469.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $370K | $372.5K | +0.7% |
2 Bedrooms | $560.8K | $581.5K | +3.7% |
3 Bedrooms | $689.2K | $749K | +8.7% |
4 Bedrooms | $835.2K | $916K | +9.7% |
5+ Bedrooms | $1.0M | $1.1M | +12.9% |
Summary: Chula Vista housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Cities
Jamul | $950K | $1.1M | +24.2% |
San Diego | $852.8K | $929.8K | +9.0% |
Chula Vista | $730.6K | $790.1K | +8.1% |
National City | $622.5K | $667.4K | +7.2% |
Housing Supply in Chula Vista, CA
How many homes are available in Chula Vista, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
402 | 404 | 0.5% |
Summary: The Chula Vista real estate market had 404 homes for sale in June 2024, a 0.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 5 | -44.4% |
2 Bedrooms | 63 | 65 | +3.2% |
3 Bedrooms | 163 | 151 | -7.4% |
4 Bedrooms | 108 | 116 | +7.4% |
5+ Bedrooms | 59 | 67 | +13.6% |
Summary: The Chula Vista housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 44.4%, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 13.6%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
115 | 114 | -0.9% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
65 Homes Were Sold
Over Asking
Summary: A total of 114 homes were sold or pending in Chula Vista in June 2024, down by 0.9% month-over-month. Of the 114 sold homes, 22% were sold under asking, 21% were sold at asking, and 57% were sold over asking.
Days on Market for Chula Vista, CA
How long does it take to sell a home in Chula Vista, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
13 Days | 15 Days | +10.6% |
Summary: Homes in Chula Vista had an average of 15 days on market in Jun 2024, up by 10.6% compared to last year.
Breakdown of Home Sale Times
101 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 114 homes were sold in Chula Vista; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.