Executive Summary
The Val Verde, CA real estate market is currently classified as a buyer's market. The median asking price is $55K, down 22.8% over the past 30 days.
There are currently 48 active listings, representing 48 months of inventory. Inventory has increased 200.0% compared to last month.
Currently, listings spend an average of 26 days on market and the average price per square foot is $514.
Detached properties make up the largest share of the Val Verde market at 50% of active listings with an average price of $575K. Condo listings follow at 50% (avg $60K).
Sales Activity & Absorption
Volume
Market Signals
1 properties sold in the past 30 days, 32 new listings appeared in the past month, 3 sellers reduced their asking price.
Market Balance
Months of Inventory
With 48 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| CUSTOM VAL VERDE | 44 | $72K |
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
This is currently a buyer's market with more negotiating power for purchasers. The Val Verde market currently has 48 active listings with a median price of $55K and 48 months of inventory.
- High inventory (48 months) favors buyers
- Prices declining (-22.8% in 30 days)
- Average price per square foot is $514
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.