Avezta Realty International Corp.

Thermal Real Estate Market Report

Executive Summary

DB
Dan Braun

The Thermal, CA real estate market is currently classified as a buyer's market. The median asking price is $18K, down 90.9% over the past 30 days.

There are currently 107 active listings. Inventory has increased 13.8% compared to last month.

Currently, listings spend an average of 53 days on market and the average price per square foot is $194.

Detached properties make up the largest share of the Thermal market at 100% of active listings with an average price of $846K.

Sales Activity & Absorption

Volume

107
Active
53
Avg DOM
13
New (30d)
1
New (7d)

Market Signals

31
Price Cuts (30d)
1
New (7d)
31
Price Cuts
1
New (7d)

13 new listings appeared in the past month, 31 sellers reduced their asking price.

Neighborhoods

AreaListingsAvg Price
VISTA SANTA ROSA34$85K
Avg 1 schools nearbyAvg 1 parks nearbyAvg 2 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 $18K, 20% down, 25yr amortization
$83/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 Thermal market currently has 107 active listings with a median price of $18K.

  • Prices declining (-90.9% in 30 days)
  • High price reduction rate (29% of listings)
  • Slow-moving market (53 avg days on market)
  • Average price per square foot is $194

For Buyers

With more inventory and less competition, buyers in Thermal 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. 31 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

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Homes for Sale in Thermal107 active listingsCost of Living in ThermalHousing, rent & expensesSold Data in ThermalRecent sales & prices

Market data is calculated from active and recently sold MLS listings as of April 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.