Santee Real Estate Market Report

Executive Summary

DB
Dan Braun

The Santee, CA real estate market is currently classified as a balanced market. The MLS composite benchmark price is $700K.

There are currently 154 active listings. According to Santee Market Report (SDMLS computed), there were 37 sales and 74 new listings in Invalid Date. Inventory has increased 81.2% compared to last month.

Currently, listings spend an average of 45 days on market and the average price per square foot is $515.

Board Data vs Our Listings

MetricSantee Market Report (SDMLS computed)Our Listings
Benchmark / Median Price$700K$700K
Average Price$700K$680K
Active Listings154154
Detached Benchmark$875K$942K
Townhouse Benchmark$700K$676K
Apartment Benchmark$565K$581K

Detached properties make up the largest share of the Santee market at 47% of active listings with an average price of $942K. Condo listings follow at 27% (avg $581K).

Sales Activity & Absorption

Volume

0
Sold (30d)
38
Sold (90d)
45
Avg DOM
69
New (30d)

Market Signals

10
Price Cuts (30d)
14
New (7d)
50%
SNLR
98.8%
List-to-Sale

Santee Market Report (SDMLS computed) reported 37 sales this period, 69 new listings appeared in the past month, 10 sellers reduced their asking price.

Market Balance

Sales-to-New Listings (SNLR)50.0%

Demand moderately exceeds supply — conditions favor sellers.

Inventory Change (30d)+81.2%
Site Active Listings154

Neighborhoods

AreaListingsAvg Price
SANTEE151$683K
Avg 1 schools nearbyAvg 2 parks nearbyAvg 5 transit stops nearby

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 $700K, 20% down, 25yr amortization
$3,257/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 Santee market currently has 154 active listings with a median price of $700K.

According to Santee Market Report (SDMLS computed), the composite benchmark price is $700K. There were 37 sales recorded

  • Prices rising (20.2% in 30 days)
  • Average price per square foot is $515
  • Sold properties averaged 40 days on market

For Buyers

The Santee 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 14 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. 10 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, with board statistics from Santee Market Report (SDMLS computed). Prepared by Dan Braun with AI assistance, reviewed by our team.

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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.