Grand Terrace Housing Market Report – July 2026
Here's a look at how the Grand Terrace, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 12
- Median Sale Price: $618,750
- Average Sale Price: $565,042
- Average Price Per Sq Ft: $354
- Average Days on Market: 96
- Sale-to-List Price Ratio: 98.9%
Month-Over-Month Trends
Compared to June, the median sale price in Grand Terrace moved 4.9% up (from $589,900 to $618,750). The number of homes sold was 71.4% up compared to the prior month (7 vs. 12). Average days on market shifted 18.5% up (81 days to 96 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 0.6% up (from $615,000 to $618,750). Sales volume is 20.0% down year-over-year.
What This Means
Grand Terrace's housing market is showing mixed signals heading into summer. While sales volume jumped 71 percent month-over-month to 12 homes, this likely reflects improved data collection rather than a genuine market surge—earlier months had incomplete reporting. A more telling indicator is the median price, which climbed nearly 5 percent to $618,750, suggesting modest but steady appreciation. However, homes are sitting on the market about 18 percent longer than last month, averaging 96 days, which hints at cooling buyer interest or inventory challenges relative to demand.
The year-over-year comparison reveals the broader picture: median prices are essentially flat (up just 0.6 percent), while sales volume has actually declined 20 percent. This suggests the market has normalized after potentially stronger conditions a year ago. The fact that homes are selling at 98.9 percent of list price indicates reasonably balanced negotiations, though rising inventory—40 active listings now on the market—may eventually give buyers more leverage.
For buyers and sellers alike, Grand Terrace remains a stable, if slower-moving, market. The long DOM and rising inventory suggest it's a buyer's moment to negotiate, while sellers should price realistically to compete with a growing selection of available properties.
Grand Terrace Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92313 | 12 | $618,750 | $354 | 96 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 10 | $642,500 | $357 |
| CONDOS | 1 | $375,000 | $326 |
| LAND | 1 | $175,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 1 |
| $300K - $399K | 1 |
| $400K - $499K | 1 |
| $500K - $749K | 9 |
Current Active Listings
As of this report, there are 40 active listings in Grand Terrace with a median asking price of $477,500 and an average of 91 days on market.
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