Is 92679, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 92679 has remained a Seller's Market.
Housing Prices in 92679, CA
How much do homes in 92679, CA cost?
Median Sold Price
$1,497,200
$586/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 92679 was $1,497,200 in May 2024, up 17.8% from last year, and the median price per square foot was $586.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $462K | $470.2K | +1.8% |
2 Bedrooms | $715K | $760K | +6.3% |
3 Bedrooms | $967.5K | $1.0M | +13.6% |
4 Bedrooms | $1.4M | $1.5M | +8.6% |
5+ Bedrooms | $1.8M | $2.1M | +20.6% |
Summary: 92679 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 20.6%.
Housing Supply in 92679, CA
How many homes are available in 92679, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
179 | 178 | -0.6% |
Summary: The 92679 real estate market had 178 homes for sale in May 2024, a 0.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 25 | 24 | -4.0% |
3 Bedrooms | 44 | 43 | -2.3% |
4 Bedrooms | 55 | 56 | +1.8% |
5+ Bedrooms | 53 | 52 | -1.9% |
Summary: The 92679 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 1.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
62 | 52 | -16.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in 92679 in May 2024, down by 16.1% month-over-month. Of the 52 sold homes, 29% were sold under asking, 17% were sold at asking, and 54% were sold over asking.
Days on Market for 92679, CA
How long does it take to sell a home in 92679, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 13 Days | -55.2% |
Summary: Homes in 92679 had an average of 13 days on market in May 2024, down by 55.2% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 52 homes were sold in 92679; 88% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.