Is Chula Vista, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$784,270
$465/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chula Vista was $784,270 in April 2024, up 6.7% from last year, and the median price per square foot was $465.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $365K | $380K | +4.1% |
2 Bedrooms | $560K | $585K | +4.5% |
3 Bedrooms | $690K | $740K | +7.2% |
4 Bedrooms | $842K | $904.5K | +7.4% |
5+ Bedrooms | $1.1M | $1.1M | +2.5% |
Summary: Chula Vista housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Cities
Jamul | $995K | $1.1M | +13.1% |
San Diego | $850.2K | $914.8K | +7.6% |
Chula Vista | $735.3K | $784.2K | +6.7% |
National City | $626.5K | $650K | +3.8% |
Housing Supply in Chula Vista, CA
How many homes are available in Chula Vista, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
349 | 346 | -0.9% |
Summary: The Chula Vista real estate market had 346 homes for sale in April 2024, a 0.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 61 | 62 | +1.6% |
3 Bedrooms | 134 | 133 | -0.7% |
4 Bedrooms | 106 | 92 | -13.2% |
5+ Bedrooms | 44 | 53 | +20.5% |
Summary: The Chula Vista housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes increased by 20.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
135 | 100 | -25.9% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
52 Homes Were Sold
Over Asking
Summary: A total of 100 homes were sold or pending in Chula Vista in April 2024, down by 25.9% month-over-month. Of the 100 sold homes, 29% were sold under asking, 19% were sold at asking, and 52% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 21 Days | +3.7% |
Summary: Homes in Chula Vista had an average of 21 days on market in Apr 2024, up by 3.7% compared to last year.
Breakdown of Home Sale Times
83 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 100 homes were sold in Chula Vista; 83% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.