The Sorrento Valley housing market is very competitive. The median sale price of a home in Sorrento Valley was $1.6M last month, up 17.9% since last year. The median sale price per square foot in Sorrento Valley is $843, up 54.4% since last year.
What is the housing market like in Sorrento Valley today?
In April 2024, Sorrento Valley home prices were up 17.9% compared to last year, selling for a median price of $1.6M. On average, homes in Sorrento Valley sell after 14 days on the market compared to 43 days last year. There were 3 homes sold in April this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,610,000
+17.9% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Sorrento Valley, CA
$1,610,000
+17.9%
United States
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How hot is the Sorrento Valley housing market?
Sorrento Valley is very competitive. Homes sell in 12 days.
0
100
82
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 12 days.
Hot homes
can sell for about 2% above list price and go pending in around 7 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Sorrento Valley housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Sorrento Valley.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Sorrento Valley has a minor risk of flooding. 78 properties in Sorrento Valley are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Sorrento Valley. Flood risk is increasing slower than the national average.
95% of properties are at risk of wildfire over the next 30 years
Fire Factor
Sorrento Valley has a moderate risk of wildfire. There are 1,573 properties in Sorrento Valley that have some risk of being affected by wildfire over the next 30 years. This represents 95% of all properties in Sorrento Valley.
Sorrento Valley has minimal risk of severe winds over the next 30 years
Wind Factor
Sorrento Valley has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.