Fallbrook Real Estate Market Report

The Fallbrook, CA real estate market is currently classified as a balanced market. The median asking price is $875K, down 2.8% over the past 30 days.

There are currently 277 active listings, representing 5 months of inventory. 177 properties have sold in the past 90 days at a median sold price of $854K. Inventory has increased 37.8% compared to last month.

Currently, listings spend an average of 65 days on market and the average price per square foot is $440.

Detached properties make up the largest share of the Fallbrook market at 87% of active listings with an average price of $1.3M. Condo listings follow at 10% (avg $531K).

Sales Activity & Absorption

Volume

55
Sold (30d)
177
Sold (90d)
65
Avg DOM
73
New (30d)

Market Signals

26
Price Cuts (30d)
22
New (7d)
97%
Sell-Through
96.5%
List-to-Sale

Greater San Diego Association of REALTORS® reported 57 sales this period, 73 new listings appeared in the past month, 26 sellers reduced their asking price.

Greater San Diego Association of REALTORS® Monthly Report

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

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
5months
Balanced Market
Sales-to-New Listings (SNLR)89.1%

Demand significantly outpaces new supply — expect competitive offers.

Sell-Through Rate96.5%
Inventory Change (30d)+37.8%
Board Active Listings189
Site Active Listings277

At 5 months of inventory, the market is balanced. Neither buyers nor sellers have a decisive advantage — a good time for realistic pricing and considered offers.

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 $875K, 20% down, 25yr amortization
$4,072/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

The market is relatively balanced between buyers and sellers. The Fallbrook market currently has 277 active listings with a median price of $875K and 5 months of inventory.

  • Prices declining (-2.8% in 30 days)
  • High sell-through rate (97%)
  • Slow-moving market (65 avg days on market)
  • Average price per square foot is $440
  • Sold properties averaged 80 days on market

For Buyers

The Fallbrook market is balanced. You have reasonable options, but well-priced homes will still draw interest. Get pre-approved and stay informed on new listings. There were 22 new listings in the past week.

For Sellers

Price your home realistically based on recent sales. Focus on presentation and highlight unique features. Well-priced properties are still selling within reasonable timeframes. 26 listings have reduced their price in the past 30 days. The current sell-through rate is 97%.

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