Contracts Low Point in Lemon Grove Real Estate Market

The Lemon Grove market seems to be approaching a low, as the number of contracts executed fell to 27, the lowest levels since April. Meanwhile, sales came in at 25 homes sold over the last 30 days. In comparison, San Diego had 1,565 contracts executed in the same time frame, the most of all nearby cities. Prices are rising in Lemon Grove, and the median sales price this period increased from $404,000 to $439,000. With only one month of inventory to sell, Lemon Grove is a still strong seller's market, even after taking into consideration the falling contracts numbers.

Looking for adequate space in your home? Check out these listings in Lemon Grove that provide large living areas:

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Get started right now by checking out Lemon Grove homes for sale or reviewing Lemon Grove real estate trends.

Demographic facts about Lemon Grove:

  • This area has 4.9% vacant homes.
  • The area gets an average of 268 sunny days each year. (U.S. average: 205)
  • The annual job growth rate is 1.85%.
  • This area has an average school expenditure per student of $5,078. ($5,691 = national average)

Data reported through 10/13/2016

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