Episode 3 · Transaction Data, Bidding Wars & ValuationsUpdated 2026
Mission Terrace Housing Market: Prices and Days to Contract
Mission Terrace homes have been closing fast and above their original asking prices, though the latest three months rest on a small sample. This tab covers what homes sold for, how quickly they went under contract, how often they closed above the ask, how many homes are for sale now and how the seasons run. Every figure names its window and its sample size.
Median sale price
$1,421,500
+18.5% vs the prior 52 weeks
All homes, 52 weeks to 30 September 2026, n = 40
Median days to contract
13 days
-1 day vs the prior 52 weeks
From listing to contract, not to closing, all homes, 52 weeks to 30 September 2026, n = 40
Closed above the original ask
100.0%
+25.6 pts vs the prior 52 weeks
40 of 40 closings with an original ask, all homes, 52 weeks to 30 September 2026
Homes for sale now
9
12 a year earlier
All homes for sale, weekly count for the week of 27 September 2026; three of the nine are older records, not live listings
💡 Key Insights & Takeaways
- The median closing price was $1,450,000 across the 11 homes that closed in the three months to 30 September 2026, against $1,290,000 across 68 homes in the 21.0 months before.
- All 11 recent closings were above their original ask, at a median of 34.4% over, against 85.3% of homes and a median of 18.3% over before.
- Homes took a median of 13 days to go under contract, counted from listing to contract, and 50.5% did so within 14 days.
- The weekly count shows 9 homes for sale against 5 thirteen weeks earlier, and 3 of the 9 are older records, not live listings.
- Over 52 weeks the median close rose 18.5% and the median price per square foot rose 3.2%, so most of the move is a change in which homes sold.
Mission Terrace homes closed above their original asking price 100.0% of the time in the three months to 30 September 2026, at a median close of $1,450,000 and a median of 13 days to go under contract. That is 11 closings, so read it as an early signal, not a trend.
At a glance
Caption: Key figures for Mission Terrace homes closed in the three months to 30 September 2026. Days to contract are counted from listing to contract, not to closing.
| Measure | Value | Window and sample |
|---|---|---|
| Median closing price | $1,450,000 | Three months to 30 September 2026, 11 closings |
| Median days to contract | 13 days | Three months to 30 September 2026, 11 closings |
| Closed above the original ask | 100.0% | Three months to 30 September 2026, 11 closings |
| Median amount over the original ask | 34.4% | Three months to 30 September 2026, 11 closings |
| Homes for sale now | 9 homes | Week of 27 September 2026, includes three older records |
What are homes selling for in Mission Terrace?
In the three months to 30 September 2026, 11 homes closed, a pace of 3.7 a month, at a median closing price of $1,450,000. The 21.0 months before, from 30 September 2024 to 29 June 2026, held 68 closings at 3.2 a month and a median of $1,290,000. Eleven closings is a small sample, so treat the recent column as an early signal. The earlier period is shorter than the usual two years, so its figures are not comparable with other communities' earlier periods.
Caption: Closed homes in Mission Terrace, three months to 30 September 2026 against the 21.0 months before.
| Measure | Three months to 30 September 2026 | Earlier 21.0 months |
|---|---|---|
| Closings | 11 | 68 |
| Closings a month | 3.7 | 3.2 |
| Median closing price | $1,450,000 | $1,290,000 |
| Median price per square foot | $792 (10 closings) | $864 (63 closings) |
| Closings with 1,500 or more square feet | 70.0% (10 closings) | 42.9% (63 closings) |
The median closing price rose while the median price per square foot fell. The two do not conflict. Larger homes made up more of the recent sales, with 70.0% at 1,500 square feet or more against 42.9% before, so the median price moved with the size of what sold and not only with price.
Do Mission Terrace homes close above the asking price?
Recently, every one of them did. All 11 homes closed in the three months to 30 September 2026 at more than their original asking price, at a median of 34.4% over. In the earlier 21.0 months, 85.3% of 68 homes closed above the original ask, at a median of 18.3% over. Across all 105 closings in the 33 months to 30 September 2026, 6.7% had a price cut before the sale.
How fast do homes go under contract?
Days to contract run from the day a home is listed to the day it goes under contract, not to closing. The median was 13 days for the 11 recent closings and 14 days for the 68 earlier ones. Across all 105 closings the median was 13 days, and 50.5% went under contract within 14 days.
Some homes come back to the market. Across the 105 closings, 8.6% had been listed more than once. For the 9 relisted homes, the median from the first listing to contract was 246 days, which is an early signal from a small sample.
How have prices moved over the past year?
Over the 52 weeks to 30 September 2026, the median closing price was $1,421,500 across 40 closings, against $1,200,000 across 39 closings in the 52 weeks before, up 18.5%. The median price per square foot was $872 against $844, up 3.2%. The median home that sold was 1,649 square feet against 1,342, so most of the move in the median closing price is a change in what sold, not a change in prices. These are figures from the past, not a projection.
How many homes are for sale now?
The weekly count for the week of 27 September 2026 shows 9 homes for sale and 1 under contract. That count includes three older records, each more than a year old, that are not live listings. The 13-week and 52-week changes and the weeks of supply below carry the same three records.
Supply is rising. The count was 9 homes against 5 thirteen weeks earlier, up 80.0%, while the season alone would have added about 29.8%. A year earlier the count was 12, so it is down 25.0% on the year. One or two homes move these percentages, so read them as a direction.
Caption: Homes for sale and the flow of listings and contracts in Mission Terrace, week of 27 September 2026. All counts include three older records.
| Measure | Latest 13 weeks | Comparison |
|---|---|---|
| New listings | 13 | 14 in the 13 weeks before |
| New contracts | 8 | 14 in the 13 weeks before |
| Net change in homes for sale | +4 homes | 13 new listings less 8 new contracts less 1 off the market |
| Listings that ended in a sale | 91.7% (11 of 12) | Directional |
| Weeks of supply | 10.6 weeks | Homes for sale over the average weekly closings of the last 13 weeks |
Against the same 13 weeks a year earlier, new contracts were 8 against 11 and new listings 13 against 14. Median days to contract were 13 against 27, on 11 closings in each period.
Does the season change what homes do?
Over nine complete years of weekly counts, December through February has tended to be the best time to list, with the fewest other homes competing, and September through November has tended to give buyers the most to choose from. The weakest two listing months have been June and August, and the weakest two buying months February and May. These are tendencies, not rules, because the highest and lowest months are not stable from year to year, and 2026 departs from the usual shape.
How much of Mission Terrace changes hands?
Across the 33 months to 30 September 2026, 100 distinct homes closed, 4.1% of the 2,451 residential parcels, or about 1.5% a year. Sellers who closed held their homes for a median of 21.0 years, counted across the 47 closings, of 105, that carry a usable ownership date. Ownership dates on file stop at 23 December 2024, so hold lengths run short by about 21 months.
Where do I find the homes and the neighborhood?
For what is built here and how long owners have held it, see the Mission Terrace housing guide. For the commute, schools and daily life, see the Mission Terrace neighborhood guide.
Common questions
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