El Cajon Real Estate Market Report
Executive Summary
The El Cajon, CA real estate market is currently classified as a buyer's market. The MLS composite benchmark price is $770K, up 0.0% year-over-year.
There are currently 370 active listings, representing 61.7 months of inventory. According to El Cajon Market Report (SDMLS computed), there were 72 sales and 173 new listings in Invalid Date. Inventory has increased 65.9% compared to last month.
Currently, listings spend an average of 47 days on market and the average price per square foot is $489.
Board Data vs Our Listings
| Metric | El Cajon Market Report (SDMLS computed) | Our Listings |
|---|---|---|
| Benchmark / Median Price | $770K | $625K |
| Average Price | $770K | $867K |
| Active Listings | 370 | 370 |
| Detached Benchmark | $1.0M | $1.1M |
| Townhouse Benchmark | $615K | $2.2M |
| Apartment Benchmark | $470K | $497K |
Detached properties make up the largest share of the El Cajon market at 59% of active listings with an average price of $1.1M. Condo listings follow at 29% (avg $497K).
Sales Activity & Absorption
Volume
Market Signals
El Cajon Market Report (SDMLS computed) reported 72 sales this period, 147 new listings appeared in the past month, 24 sellers reduced their asking price.
Market Balance
Months of Inventory
Demand moderately exceeds supply — conditions favor sellers.
With 61.7 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| EL CAJON | 336 | $874K |
| RANCHO SAN DIEGO | 16 | $980K |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
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 370 active listings with a median price of $625K and 61.7 months of inventory.
According to El Cajon Market Report (SDMLS computed), the composite benchmark price is $770K (+0.0% year-over-year). There were 72 sales recorded
- High inventory (61.7 months) favors buyers
- Prices declining (-14.1% in 30 days)
- High sell-through rate (100%)
- Slow-moving market (47 avg days on market)
- Average price per square foot is $489
- Sold properties averaged 30 days on market
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 Dan Braun with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS listings as of May 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.