El Cajon Real Estate Market Report

The El Cajon, CA real estate market is currently classified as a buyer's market. The MLS composite benchmark price is $770K.

There are currently 401 active listings, representing 401 months of inventory. According to El Cajon Market Report (SDMLS computed), there were 72 sales and 158 new listings in March 2026. Inventory has increased 45.8% compared to last month.

Currently, listings spend an average of 61 days on market and the average price per square foot is $476.

Board Data vs Our Listings

MetricEl Cajon Market Report (SDMLS computed)Our Listings
Benchmark / Median Price$770K$616K
Average Price$770K$837K
Active Listings401401
Detached Benchmark$1.0M$1.0M
Townhouse Benchmark$615K$2.0M
Apartment Benchmark$470K$498K

Detached properties make up the largest share of the El Cajon market at 58% of active listings with an average price of $1.0M. Condo listings follow at 29% (avg $498K).

Sales Activity & Absorption

Volume

1
Sold (30d)
13
Sold (90d)
61
Avg DOM
126
New (30d)

Market Signals

33
Price Cuts (30d)
31
New (7d)
50%
Sell-Through
96.1%
List-to-Sale

El Cajon Market Report (SDMLS computed) reported 72 sales this period, 126 new listings appeared in the past month, 33 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
401months
Strong Buyer's Market
Sales-to-New Listings (SNLR)45.6%

Demand moderately exceeds supply — conditions favor sellers.

Sell-Through Rate50.0%
Inventory Change (30d)+45.8%
Site Active Listings401

With 401 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Neighborhoods

AreaListingsAvg PriceSold (12 mo)
EL CAJON371$843K720
RANCHO SAN DIEGO15$827K43

Sold figures computed from SDMLS records for the last 12 months, updated continuously from our MLS data feed.

Avg 2 schools nearbyAvg 1 parks nearbyAvg 6 transit stops nearby

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 $616K, 20% down, 25yr amortization
$2,866/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 El Cajon market currently has 401 active listings with a median price of $616K and 401 months of inventory.

According to El Cajon Market Report (SDMLS computed), the composite benchmark price is $770K. There were 72 sales recorded

  • High inventory (401 months) favors buyers
  • Prices declining (-29.8% in 30 days)
  • Slow-moving market (61 avg days on market)
  • Average price per square foot is $476
  • Sold properties averaged 31 days on market

For Buyers

With more inventory and less competition, buyers in El Cajon have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties. There were 31 new listings in the past week.

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. 33 listings have reduced their price in the past 30 days. The current sell-through rate is 50%.

Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily, with board statistics from El Cajon Market Report (SDMLS computed). Prepared by Carlos Escaba with AI assistance, reviewed by our team.

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Market data is calculated from active and recently sold MLS® listings as of June 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.