Is Chula Vista, 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, 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
$779,601
$462/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Chula Vista was $779,601 in March 2024, up 5.7% from last year, and the median price per square foot was $462.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $367.5K | $380K | +3.4% |
2 Bedrooms | $560K | $580K | +3.6% |
3 Bedrooms | $694.1K | $736.3K | +6.1% |
4 Bedrooms | $850K | $898.3K | +5.7% |
5+ Bedrooms | $1.1M | $1.1M | -0.2% |
Summary: Chula Vista housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Cities
Jamul | $960K | $1.1M | +18.5% |
San Diego | $853.5K | $905.2K | +6.1% |
Chula Vista | $737.3K | $779.6K | +5.7% |
National City | $638K | $637.5K | -0.1% |
Housing Supply in Chula Vista, CA
How many homes are available in Chula Vista, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
368 | 331 | -10.1% |
Summary: The Chula Vista real estate market had 331 homes for sale in March 2024, a 10.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 64 | 62 | -3.1% |
3 Bedrooms | 143 | 123 | -14.0% |
4 Bedrooms | 110 | 99 | -10.0% |
5+ Bedrooms | 47 | 42 | -10.6% |
Summary: The Chula Vista housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 10.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
114 | 122 | +7.0% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
71 Homes Were Sold
Over Asking
Summary: A total of 122 homes were sold or pending in Chula Vista in March 2024, up by 7.0% month-over-month. Of the 122 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
27 Days | 18 Days | -33.1% |
Summary: Homes in Chula Vista had an average of 18 days on market in Mar 2024, down by 33.1% compared to last year.
Breakdown of Home Sale Times
104 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 122 homes were sold in Chula Vista; 85% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.