The July 2026 scorecard for Otay Mesa: typical value $746,261 (ZIP 92154), month over month +0.26%, year over year +0.4%. The regional gauge finished the month at “Leans sellers” (42/100).
The month in brief
- Homes for sale: 120 in ZIP 92154, higher than 102 a year earlier.
- Price cuts: 21% of listings, against 22% the month before.
- Market temperature: 73 out of 100 (higher means more competition), against 77 the month before.
- Mortgage rates: the Freddie Mac 30-year averaged 6.54% in July 2026, against 6.49% the month before.
If you are buying
- Shoppers had more homes to see than a year ago.
- At the month’s average rate of 6.54%, the principal and interest on a typical $746,261 home with 20% down is near $3,790 a month.
If you are selling
- Reductions on 21% of listings say something about pricing: aim close to the market from day one.
- Averages cannot see your home’s condition or view. A personal report can.
These numbers describe the recent past across a wide area. They are not a valuation of any one home and they do not predict what comes next. For your own street, ask Rudy for a personal report.