Contracts Low in Santee Real Estate Market

Over the last 30 days, 44 homes went under contract in the Santee market, the lowest amount since last January. As the market appears to be nearing a bottom, there were 53 homes sold over the same period. In comparison, San Diego led all other nearby municipalities with 905 contracts executed. Although the weak contracts numbers suggest otherwise, months of inventory is on a four-week downward trend, this week hitting one months. Despite the falling contracts numbers, the low inventory indicates that Santee is still a definite seller's market.

If you're looking for a more established home, then be sure to see these listings in Santee that were built before most others in the market:

$410K   $445K   $449K  

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

Demographic facts for Santee:

  • The percentage of people who own their homes is 67.7%.
  • The one-year job growth rate in this area is 1.85%.
  • There are 20.7 students for every teacher. (15.3 = national average)

Data reported through 1/11/2017

Comments:

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St.Clair Homes & Estates
Snapped 43 homes in this area
Metro San Diego Realty
Snapped 1 home in this area
American Dreams Real Estate
Snapped 1 home in this area

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