Is 92677, 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, 92677 has remained a Seller's Market.
Housing Prices in 92677, CA
How much do homes in 92677, CA cost?
Median Sold Price
$1,234,041
$692/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92677 was $1,234,041 in April 2024, up 2.8% from last year, and the median price per square foot was $692.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $488.2K | $520K | +6.5% |
2 Bedrooms | $710K | $749.9K | +5.6% |
3 Bedrooms | $1.1M | $1.2M | 0.1% |
4 Bedrooms | $1.7M | $1.8M | +4.3% |
5+ Bedrooms | $2.1M | $2.2M | +6.6% |
Summary: 92677 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 6.6%.
Housing Supply in 92677, CA
How many homes are available in 92677, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
182 | 187 | +2.7% |
Summary: The 92677 real estate market had 187 homes for sale in April 2024, a 2.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 11 | +22.2% |
2 Bedrooms | 46 | 47 | +2.2% |
3 Bedrooms | 65 | 61 | -6.2% |
4 Bedrooms | 42 | 42 | 0.0% |
5+ Bedrooms | 20 | 26 | +30.0% |
Summary: The 92677 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 59 | +3.5% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Summary: A total of 59 homes were sold or pending in 92677 in April 2024, up by 3.5% month-over-month. Of the 59 sold homes, 36% were sold under asking, 8% were sold at asking, and 56% were sold over asking.
Days on Market for 92677, CA
How long does it take to sell a home in 92677, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 23 Days | -1.7% |
Summary: Homes in 92677 had an average of 23 days on market in Apr 2024, down by 1.7% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 59 homes were sold in 92677; 78% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.