$6,519 Closing Credit*
$549,000
964 SqFt
2 Beds
•2 Full Baths, 1 Partial
Deven Ortiz, Listing Office: Real Broker
Is Chula Vista, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Chula Vista has remained a Seller's Market.
Key Takeaway
Chula Vista is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chula Vista, CA
How much do homes in Chula Vista, CA cost?
Median Sold Price
$810,000
$473/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$59,796(+8.0%)
Key Takeaway
Homes in Chula Vista have sold for 8% more than they did a year ago.
Summary: The median home sold price in Chula Vista was $810,000 in November 2024, up 8% from last year, and the median price per square foot was $473.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | $380K | +1.3% |
| 2 Bedrooms | $570K | $574.5K | +0.8% |
| 3 Bedrooms | $715K | $758.5K | +6.1% |
| 4 Bedrooms | $873.7K | $924K | +5.8% |
| 5+ Bedrooms | $1.0M | $1.2M | +14.4% |
Summary: Chula Vista housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 14.4%.
Housing Supply in Chula Vista, CA
How many homes are available in Chula Vista, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 401 | 368 | -8.2% |
Summary: The Chula Vista real estate market had 368 homes for sale in November 2024, a 8.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 61 | 58 | -4.9% |
| 3 Bedrooms | 145 | 125 | -13.8% |
| 4 Bedrooms | 121 | 118 | -2.5% |
| 5+ Bedrooms | 67 | 60 | -10.4% |
Summary: The Chula Vista housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 10.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 104 | 103 | -1.0% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
42 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chula Vista, you may be able to get a good deal. 42.7% of homes here sold below asking price last month.
Summary: A total of 103 homes were sold or pending in Chula Vista in November 2024, down by 1.0% month-over-month. Of the 103 sold homes, 43% were sold under asking, 17% were sold at asking, and 41% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 26 Days | +58.8% |
Summary: Homes in Chula Vista had an average of 26 days on market in Nov 2024, up by 58.8% compared to last year.
Breakdown of Home Sale Times
70 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chula Vista are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 103 homes were sold in Chula Vista; 68% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 2% 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.