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 October 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

$513/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$80,000(+8.0%)

Key Takeaway

Homes in Casa de Oro-Mount Helix have sold for 8% more than they did a year ago.

Summary: The median home sold price in Casa de Oro-Mount Helix was $1,080,000 in October 2024, up 8% from last year, and the median price per square foot was $513.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $350.4K$490K
+39.8%
2 $627K$705K
+12.4%
3 $920K$975K
+6.0%
4 $1.1M$1.1M
+4.0%
5+ $1.3M$1.5M
+15.6%

Summary: Casa de Oro-Mount Helix housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.8%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 15.6%.

Median Sold Price Compared To Nearby Neighborhoods

Casa de Oro-Mount Helix
+8.0%
Rancho San Diego
-7.3%

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

Sep 2024Oct 2024CHANGE
4356+30.2%

Summary: The Casa de Oro-Mount Helix real estate market had 56 homes for sale in October 2024, a 30.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1318
+38.5%
4 1723
+35.3%
5+ 1113
+18.2%

Summary: The Casa de Oro-Mount Helix housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 38.5%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
714+100.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 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. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Casa de Oro-Mount Helix in October 2024, up by 100.0% month-over-month. Of the 14 sold homes, 64% were sold under asking, 7% were sold at asking, and 29% 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

Oct 2023Oct 2024CHANGE
11 Days23 Days+103.8%

Summary: Homes in Casa de Oro-Mount Helix had an average of 23 days on market in Oct 2024, up by 103.8% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 14 homes were sold in Casa de Oro-Mount Helix; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% 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 16 Days Ago

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