Spring Valley Real Estate Market Hits Contracts Bottom

The Spring Valley market seems to be nearing a bottom, as the number of contracts executed fell to 25, the lowest levels since last January. Meanwhile, sales came in at 20 homes sold over the last 30 days. During the same time frame, San Diego had the most of any other neighboring municipalities with 905 contracts executed. The median sales price dropped to $419,000 over the latest reporting period for Spring Valley, down from $420,000. There are only three months of inventory available in Spring Valley, so it's still seller's market, even with the shrinking contracts numbers.

If you're looking for a large number of bathrooms, take a look at these three homes in Spring Valley that offer the most of all available listings:

$584K   $659K   $645K  

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

Demographic facts about Spring Valley:

  • This area has an average elevation of 583 feet.
  • The median income is $57,275 per household.
  • For every counselor there are 838 students in this area. (513 = national average)

Data reported through 1/11/2017

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Windermere Homes & Estates
Snapped 2 homes in this area
Big Block Realty, Inc.
Snapped 27 homes in this area
Keller Williams Realty
Snapped 8 homes in this area

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