Tustin Real Estate Market Report

Executive Summary

DB
Dan Braun

The Tustin, CA real estate market is currently classified as a balanced market. The median asking price is $1.1M, down 1.7% over the past 30 days.

There are currently 116 active listings. 22 properties have sold in the past 90 days at a median sold price of $1.4M. Inventory has increased 100.0% compared to last month.

Currently, listings spend an average of 41 days on market and the average price per square foot is $655.

Detached properties make up the largest share of the Tustin market at 34% of active listings with an average price of $1.9M. Condo listings follow at 45% (avg $909K).

Sales Activity & Absorption

Volume

0
Sold (30d)
22
Sold (90d)
41
Avg DOM
58
New (30d)

Market Signals

15
Price Cuts (30d)
17
New (7d)
15
Price Cuts
98.5%
List-to-Sale

58 new listings appeared in the past month, 15 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 $1.1M, 20% down, 25yr amortization
$5,279/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 Tustin market currently has 116 active listings with a median price of $1.1M.

  • Average price per square foot is $655
  • Sold properties averaged 39 days on market

For Buyers

The Tustin 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 17 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. 15 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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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.