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Borrego Springs Real Estate Market Report

Executive Summary

Carlos EscabaCarlos EscabaLocal expert · Borrego Springs

The Borrego Springs, CA real estate market is currently classified as a buyer's market. The median asking price is $99K, down 20.8% over the past 30 days.

There are currently 114 active listings, representing 22.8 months of inventory. 25 properties have sold in the past 90 days at a median sold price of $260K. Inventory has increased 17.5% compared to last month.

Currently, listings spend an average of 56 days on market and the average price per square foot is $174.

Detached properties make up the largest share of the Borrego Springs market at 67% of active listings with an average price of $570K. Condo listings follow at 28% (avg $230K).

Sales Activity & Absorption

Volume

5
Sold (30d)
25
Sold (90d)
56
Avg DOM
17
New (30d)

Market Signals

12
Price Cuts (30d)
0
New (7d)
7%
Sell-Through
89.4%
List-to-Sale

Greater San Diego Association of REALTORS® reported 5 sales this period, 17 new listings appeared in the past month, 12 sellers reduced their asking price.

Greater San Diego Association of REALTORS® Monthly Report

{"zip":"92004","source_url":"https://sdar.stats.10kresearch.com/docs/lmu/2026-07/x/92004%E2%80%93BorregoSprings?src=page","detached":{"new_listings":5,"pending":5,"closed":4,"median":350000,"pct_of_list":91.3,"dom":52,"inventory":29,"months_supply":6.9,"median_yoy":-6.7,"closed_yoy":33.3},"attached":{"new_listings":2,"pending":1,"closed":1,"median":372000,"pct_of_list":103.6,"dom":72,"inventory":11,"months_supply":5.2,"median_yoy":69.5,"closed_yoy":-50}}

Source: Greater San Diego Association of REALTORS®, July 2026

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
22.8months
Strong Buyer's Market
Sales-to-New Listings (SNLR)71.4%

Demand significantly outpaces new supply — expect competitive offers.

Sell-Through Rate6.6%
Inventory Change (30d)+17.5%
Board Active Listings40
Site Active Listings114

With 22.8 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $99K, 20% down, 25yr amortization
$461/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a buyer's market with more negotiating power for purchasers. The Borrego Springs market currently has 114 active listings with a median price of $99K and 22.8 months of inventory.

  • High inventory (22.8 months) favors buyers
  • Prices declining (-20.8% in 30 days)
  • Low sell-through rate (7%)
  • Slow-moving market (56 avg days on market)
  • Average price per square foot is $174
  • Sold properties averaged 76 days on market

For Buyers

With more inventory and less competition, buyers in Borrego Springs have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties.

For Sellers

With higher inventory, pricing strategy is critical. Price at or slightly below market value to attract attention. Ensure your listing stands out with quality photos and accurate details. 12 listings have reduced their price in the past 30 days. The current sell-through rate is 7%.

Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily. Prepared by Carlos Escaba with AI assistance, reviewed by our team.

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Homes for Sale in Borrego Springs114 active listingsCost of Living in Borrego SpringsHousing, rent & expensesSold Data in Borrego SpringsRecent sales & prices

Market data is calculated from active and recently sold MLS® listings as of August 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.