Santee Real Estate Market Report
Executive Summary
Carlos EscabaLocal expert · SanteeThe Santee, CA real estate market is currently classified as a balanced market. The MLS composite benchmark price is $700K.
There are currently 113 active listings, representing 2.1 months of inventory. According to Santee Market Report (SDMLS computed), there were 37 sales and 74 new listings in March 2026. Inventory has increased 66.2% compared to last month.
Currently, listings spend an average of 59 days on market and the average price per square foot is $513.
Board Data vs Our Listings
| Metric | Santee Market Report (SDMLS computed) | Our Listings |
|---|---|---|
| Benchmark / Median Price | $700K | $650K |
| Average Price | $700K | $807K |
| Active Listings | 113 | 113 |
| Detached Benchmark | $875K | $923K |
| Townhouse Benchmark | $700K | $603K |
| Apartment Benchmark | $565K | $637K |
Detached properties make up the largest share of the Santee market at 38% of active listings with an average price of $923K. Condo listings follow at 37% (avg $637K).
Sales Activity & Absorption
Volume
Market Signals
Santee Market Report (SDMLS computed) reported 37 sales this period, 45 new listings appeared in the past month, 12 sellers reduced their asking price.
Market Balance
Months of Inventory
Demand moderately exceeds supply — conditions favor sellers.
With only 2.1 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
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
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 113 active listings with a median price of $650K and 2.1 months of inventory.
According to Santee Market Report (SDMLS computed), the composite benchmark price is $700K. There were 37 sales recorded
- Low inventory (2.1 months) favors sellers
- Prices declining (-7.8% in 30 days)
- High sell-through rate (100%)
- Slow-moving market (59 avg days on market)
- Average price per square foot is $513
- Sold properties averaged 50 days on market
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 Carlos Escaba with AI assistance, reviewed by our team.
Monthly Reports Archive
Market data is calculated from active and recently sold MLS® listings as of July 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.