Is 92395, 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, 92395 has remained a Seller's Market.
Housing Prices in 92395, CA
How much do homes in 92395, CA cost?
Median Sold Price
$405,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 92395 was $405,000 in May 2024, up 3.8% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $152.5K | $190K | +24.6% |
2 Bedrooms | $294.5K | $300K | +1.9% |
3 Bedrooms | $380K | $400K | +5.3% |
4 Bedrooms | $415K | $445K | +7.2% |
5+ Bedrooms | $475K | $518K | +9.1% |
Summary: 92395 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.6%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 9.1%.
Housing Supply in 92395, CA
How many homes are available in 92395, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
163 | 175 | +7.4% |
Summary: The 92395 real estate market had 175 homes for sale in May 2024, a 7.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 18 | 24 | +33.3% |
3 Bedrooms | 80 | 79 | -1.3% |
4 Bedrooms | 46 | 51 | +10.9% |
5+ Bedrooms | 18 | 20 | +11.1% |
Summary: The 92395 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
34 | 45 | +32.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in 92395 in May 2024, up by 32.4% month-over-month. Of the 45 sold homes, 29% were sold under asking, 27% were sold at asking, and 44% were sold over asking.
Days on Market for 92395, CA
How long does it take to sell a home in 92395, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
53 Days | 23 Days | -55.6% |
Summary: Homes in 92395 had an average of 23 days on market in May 2024, down by 55.6% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 45 homes were sold in 92395; 82% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.