Grand Terrace Housing Market Report – June 2026
Here's a look at how the Grand Terrace, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 7
- Median Sale Price: $589,900
- Average Sale Price: $517,557
- Average Price Per Sq Ft: $387
- Average Days on Market: 81
- Sale-to-List Price Ratio: 98.8%
Month-Over-Month Trends
Compared to May, the median sale price in Grand Terrace moved 1.7% up (from $580,000 to $589,900). The number of homes sold was 46.2% down compared to the prior month (13 vs. 7). Average days on market shifted 1.2% down (82 days to 81 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 2.5% down (from $605,000 to $589,900). Sales volume is 30.0% down year-over-year.
What This Means
Grand Terrace continues to show signs of a cooling market as we move into summer. This month saw only 7 homes sell, marking a significant drop from May's 13 sales, though some caution is warranted in interpreting volume trends given the data collection improvements noted in prior months. The real story lies in the pricing dynamics: while the median price ticked up slightly month-over-month to $589,900, the year-over-year comparison tells a different tale, with prices down 2.5% from June 2025. This suggests the market has lost some momentum despite the modest recent bump.
What's particularly telling is the gap between median and average prices—a spread of over $72,000—indicating that outlier sales are pulling the average upward while typical homes are selling closer to the $590,000 mark. Sellers appear to be getting reasonable value at a 98.8% sale-to-list ratio, but homes are lingering longer on the market at 81 days, reflecting the competitive inventory. With 41 active listings and a median asking price of just $489,000, there's a notable inventory mismatch that suggests builders and sellers are still adjusting expectations in this price range. For buyers, the longer marketing times offer more negotiating room.
Grand Terrace Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92313 | 7 | $589,900 | $387 | 81 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 6 | $594,950 | $387 |
| LAND | 1 | $255,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 1 |
| $400K - $499K | 1 |
| $500K - $749K | 5 |
Current Active Listings
As of this report, there are 41 active listings in Grand Terrace with a median asking price of $489,000 and an average of 83 days on market.
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