4 new real estate properties in Santee, California have been added to Ofirio in the last 7 days.
Of those new properties:
Santee, California has a low demand for real estate. This is determined by the difference between the list price and the closed price, which on average is 1% lower than than the list price. The demand for luxury real estate is higher than the demand for “Under $200k” real estate by 4%. Homes in Santee, California are on the market for 62 days, on average among all of our listings.
This week the following real estate properties became available for sale:
The biggest change in price is in the Single Family Homes segment and it is 60% ($249,957) more than the week prior.
The average closing price for real estate in Santee California has fallen by 41% from the last week, which amounted to $677,743.
As of December 2022 Santee, CA is a seller market which means homes sell faster at a higher price. In December 2022, 17 homes (36.2%) sold at asking price, 18 homes (38.3%) sold below asking price, and 12 homes (25.5%) were sold above asking price. If purchasing a home there is little room to negotiate the price.
The median home price increased by 11.0% from $645,000 in December 2021 to $716,250 in December 2022. The number of homes sold in Santee, CA has decreased by 52.7% over the last year from 93 in December 2021 to 44 homes in December 2022.
Homes in Santee, CA have sold for 0.3% more per ft² than they did a year ago. As of December 2022 the average price per square foot is $455.