The South Bay Terraces housing market is most competitive. The median sale price of a home in South Bay Terraces was $590K last month, up 1.3% since last year. The median sale price per square foot in South Bay Terraces is $470, down 3.1% since last year.
What is the housing market like in South Bay Terraces today?
In March 2024, South Bay Terraces home prices were up 1.3% compared to last year, selling for a median price of $590K. On average, homes in South Bay Terraces sell after 20 days on the market compared to 42 days last year. There were 27 homes sold in March this year, down from 30 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$590,000
+1.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South Bay Terraces, CA
$590,000
+1.3%
United States
To compare other locations to the South Bay Terraces and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in San Diego add value to a home.
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How hot is the South Bay Terraces housing market?
South Bay Terraces is most competitive. Homes sell in 10 days.
0
100
90
Most 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 3 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 10 days.
Hot homes
can sell for about 4% above list price and go pending in around 6 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Zamorano Elementary School
Public • K-5
1085
Students
7 reviews
7/10
Penn Elementary School
Public • K-5
404
Students
3 reviews
6/10
Bethune K-8
Public • K-8
617
Students
9 reviews
4/10
Boone Elementary School
Public • K-5
440
Students
3 reviews
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 South Bay Terraces housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Bay Terraces.
Risk Factor
Flood Factor - Moderate
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Bay Terraces has a moderate risk of flooding. 79 properties in South Bay Terraces are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in South Bay Terraces. Flood risk is increasing slower than the national average.
38% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Bay Terraces has a moderate risk of wildfire. There are 1,144 properties in South Bay Terraces that have some risk of being affected by wildfire over the next 30 years. This represents 38% of all properties in South Bay Terraces.
South Bay Terraces has minimal risk of severe winds over the next 30 years
Wind Factor
South Bay Terraces has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
81% of properties are at major
risk of heat over the next 30 years
Heat Factor
South Bay Terraces has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 81% of homes in South Bay Terraces have a Major Heat Factor®.
South Bay Terraces is expected to see a 214% increase in the number of days over 89ºF over the next 30 years. South Bay Terraces is expected to experience 12