Avezta Realty International Corp.

Gorman Real Estate Market Report

Executive Summary

DB
Dan Braun

The Gorman, CA real estate market is currently classified as a balanced market. The median asking price is $560K, down 68.9% over the past 30 days.

There are currently 4 active listings, representing 4 months of inventory.

Currently, listings spend an average of 62 days on market.

Sales Activity & Absorption

Volume

1
Sold (30d)
62
Avg DOM
0
New (30d)
0
New (7d)

Market Signals

0
Price Cuts (30d)
0
New (7d)
100%
Sell-Through
0
New (7d)

1 properties sold in the past 30 days.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
4months
Balanced — Slight Seller Advantage
Sell-Through Rate100.0%
Inventory Change (30d)0.0%
Site Active Listings4

At 4 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 $560K, 20% down, 25yr amortization
$2,606/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 Gorman market currently has 4 active listings with a median price of $560K and 4 months of inventory.

  • Prices declining (-68.9% in 30 days)
  • Low price reduction rate (0% of listings)
  • High sell-through rate (100%)
  • Slow-moving market (62 avg days on market)

For Buyers

The Gorman market is balanced. You have reasonable options, but well-priced homes will still draw interest. Get pre-approved and stay informed on new listings.

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. The current sell-through rate is 100%.

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

Search Gorman

Browse all 4 active listings.

View All Listings

Resources

Explore Gorman

Homes for Sale in Gorman4 active listingsCost of Living in GormanHousing, rent & expensesSold Data in GormanRecent sales & prices

Market data is calculated from active and recently sold MLS listings as of April 12, 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.