Avezta Realty International Corp.

Executive Summary

The Otay Mesa, CA real estate market is currently classified as a balanced market. The median asking price is $285K.

There are currently 3 active listings.

Currently, listings spend an average of 21 days on market.

Sales Activity & Absorption

Volume

3
Active
21
Avg DOM
3
New (30d)
0
New (7d)

Market Signals

1
Price Cuts (30d)
0
New (7d)
1
Price Cuts
0
New (7d)

3 new listings appeared in the past month, 1 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 $285K, 20% down, 25yr amortization
$1,326/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 Otay Mesa market currently has 3 active listings with a median price of $285K.

  • High price reduction rate (33% of listings)

For Buyers

The Otay Mesa 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. 1 listings have reduced their price in the past 30 days.

Search Otay Mesa

Browse all 3 active listings.

View All Listings

Resources

Market data is calculated from active and recently sold MLS listings as of March 2, 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.