Avezta Realty International Corp.

Mentone Real Estate Market Report

Executive Summary

DB
Dan Braun

The Mentone, CA real estate market is currently classified as a buyer's market. The median asking price is $440K, down 33.0% over the past 30 days.

There are currently 23 active listings. 5 properties have sold in the past 90 days at a median sold price of $575K. Inventory has increased 130.0% compared to last month.

Currently, listings spend an average of 51 days on market and the average price per square foot is $345.

Detached properties make up the largest share of the Mentone market at 69% of active listings with an average price of $721K. Condo listings follow at 31% (avg $278K).

Sales Activity & Absorption

Volume

0
Sold (30d)
5
Sold (90d)
51
Avg DOM
13
New (30d)

Market Signals

2
Price Cuts (30d)
1
New (7d)
2
Price Cuts
92.5%
List-to-Sale

13 new listings appeared in the past month, 2 sellers reduced their asking price.

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 $440K, 20% down, 25yr amortization
$2,048/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 Mentone market currently has 23 active listings with a median price of $440K.

  • Prices declining (-33% in 30 days)
  • Slow-moving market (51 avg days on market)
  • Average price per square foot is $345
  • Sold properties averaged 46 days on market

For Buyers

With more inventory and less competition, buyers in Mentone have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties. There were 1 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. 2 listings have reduced their price in the past 30 days.

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.

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Resources

Explore Mentone

Homes for Sale in Mentone23 active listingsCost of Living in MentoneHousing, rent & expensesSold Data in MentoneRecent sales & prices

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.