Avezta Realty International Corp.

Lemon Grove Real Estate Market Report

Executive Summary

Carlos EscabaCarlos EscabaLocal expert · Lemon Grove

The Lemon Grove, CA real estate market is currently classified as a seller's market. The median asking price is $739K, down 0.7% over the past 30 days.

There are currently 27 active listings, representing 2.5 months of inventory. 36 properties have sold in the past 90 days at a median sold price of $763K. Inventory has increased 92.9% compared to last month.

Currently, listings spend an average of 18 days on market and the average price per square foot is $309.

Detached properties make up the largest share of the Lemon Grove market at 74% of active listings with an average price of $613K. Condo listings follow at 16% (avg $316K).

Sales Activity & Absorption

Volume

11
Sold (30d)
36
Sold (90d)
18
Avg DOM
12
New (30d)

Market Signals

2
Price Cuts (30d)
5
New (7d)
100%
Sell-Through
100.2%
List-to-Sale

Greater San Diego Association of REALTORS® reported 10 sales this period, 12 new listings appeared in the past month, 2 sellers reduced their asking price.

Greater San Diego Association of REALTORS® Monthly Report

{"zip":"91945","source_url":"https://sdar.stats.10kresearch.com/docs/lmu/2026-07/x/91945%E2%80%93LemonGrove?src=page","detached":{"new_listings":13,"pending":10,"closed":8,"median":825500,"pct_of_list":102.4,"dom":13,"inventory":16,"months_supply":1.6,"median_yoy":7.2,"closed_yoy":-20},"attached":{"new_listings":3,"pending":1,"closed":2,"median":599500,"pct_of_list":99,"dom":37,"inventory":10,"months_supply":2.7,"median_yoy":39.4,"closed_yoy":-33.3}}

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

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
2.5months
Seller's Market
Sales-to-New Listings (SNLR)62.5%

Demand significantly outpaces new supply — expect competitive offers.

Sell-Through Rate100.0%
Inventory Change (30d)+92.9%
Board Active Listings26
Site Active Listings27

With only 2.5 months of inventory, the market is supply-constrained. Buyers should be prepared for competition, and sellers can expect strong interest.

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 $739K, 20% down, 25yr amortization
$3,439/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 seller's market with strong demand and limited inventory. The Lemon Grove market currently has 27 active listings with a median price of $739K and 2.5 months of inventory.

  • Low inventory (2.5 months) favors sellers
  • High sell-through rate (100%)
  • Fast-moving market (18 avg days on market)
  • Average price per square foot is $309
  • Sold properties averaged 52 days on market

For Buyers

Competition is strong in Lemon Grove. Get pre-approved, work with a local agent, and be prepared to move quickly on properties you like. Consider expanding your search criteria. There were 5 new listings in the past week.

For Sellers

Conditions favor sellers in Lemon Grove. Price confidently based on recent comparables, and consider professional staging to maximize offers. Multiple-offer scenarios are common. 2 listings have reduced their price in the past 30 days. 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 Carlos Escaba with AI assistance, reviewed by our team.

Search Lemon Grove

Browse all 27 active listings.

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Resources

Monthly Reports Archive

Greater San Diego Association of REALTORS® Market Report - July 2026July 2026Greater San Diego Association of REALTORS® Market Report: June 2026June 2026Greater San Diego Association of REALTORS® Reports May 2026 Market Trends: Sales Decline Amid Low InventoryMay 2026
View all reports →

Explore Lemon Grove

Homes for Sale in Lemon Grove27 active listingsCost of Living in Lemon GroveHousing, rent & expensesSold Data in Lemon GroveRecent 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.