Is 92128, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 92128 has remained a Seller's Market.
Housing Prices in 92128, CA
How much do homes in 92128, CA cost?
Median Sold Price
$892,291
$596/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92128 was $892,291 in April 2024, up 9.3% from last year, and the median price per square foot was $596.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $449K | $478.7K | +6.6% |
2 Bedrooms | $685K | $725K | +5.8% |
3 Bedrooms | $980K | $1.0M | +11.7% |
4 Bedrooms | $1.3M | $1.3M | +4.2% |
5+ Bedrooms | $1.7M | $1.6M | -1.7% |
Summary: 92128 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 1.7%.
Housing Supply in 92128, CA
How many homes are available in 92128, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
130 | 140 | +7.7% |
Summary: The 92128 real estate market had 140 homes for sale in April 2024, a 7.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 61 | 66 | +8.2% |
3 Bedrooms | 49 | 51 | +4.1% |
4 Bedrooms | 13 | 19 | +46.2% |
5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The 92128 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 45 | -10.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in 92128 in April 2024, down by 10.0% month-over-month. Of the 45 sold homes, 38% were sold under asking, 13% were sold at asking, and 49% were sold over asking.
Days on Market for 92128, CA
How long does it take to sell a home in 92128, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 15 Days | -28.0% |
Summary: Homes in 92128 had an average of 15 days on market in Apr 2024, down by 28% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 45 homes were sold in 92128; 91% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.