Is 92008, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 92008 has remained a Seller's Market.
Housing Prices in 92008, CA
How much do homes in 92008, CA cost?
Median Sold Price
$1,572,500
$783/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92008 was $1,572,500 in March 2024, down 0.2% from last year, and the median price per square foot was $783.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $705K | $850K | +20.6% |
2 Bedrooms | $1.0M | $985K | -8.8% |
3 Bedrooms | $1.5M | $1.5M | +3.1% |
4 Bedrooms | $1.6M | $1.7M | +5.5% |
5+ Bedrooms | $2.3M | $2.1M | -8.7% |
Summary: 92008 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.6%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 8.7%.
Housing Supply in 92008, CA
How many homes are available in 92008, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
69 | 78 | +13.0% |
Summary: The 92008 real estate market had 78 homes for sale in March 2024, a 13.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 10 | 20 | +100.0% |
3 Bedrooms | 28 | 32 | +14.3% |
4 Bedrooms | 20 | 17 | -15.0% |
5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The 92008 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 24 | +60.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 92008 in March 2024, up by 60.0% month-over-month. Of the 24 sold homes, 54% were sold under asking, 17% were sold at asking, and 29% were sold over asking.
Days on Market for 92008, CA
How long does it take to sell a home in 92008, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 26 Days | -15.7% |
Summary: Homes in 92008 had an average of 26 days on market in Mar 2024, down by 15.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in 92008; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.