Is 92009, 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, 92009 has remained a Seller's Market.
Housing Prices in 92009, CA
How much do homes in 92009, CA cost?
Median Sold Price
$1,383,166
$632/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92009 was $1,383,166 in March 2024, up 6.1% from last year, and the median price per square foot was $632.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $550K | $595K | +8.2% |
2 Bedrooms | $739.5K | $772.5K | +4.5% |
3 Bedrooms | $1.1M | $1.2M | +13.6% |
4 Bedrooms | $1.7M | $1.7M | +1.7% |
5+ Bedrooms | $2.3M | $2.2M | -3.8% |
Summary: 92009 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 3.8%.
Housing Supply in 92009, CA
How many homes are available in 92009, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
120 | 120 | 0.0% |
Summary: The 92009 real estate market had 120 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 11 | 0.0% |
2 Bedrooms | 30 | 23 | -23.3% |
3 Bedrooms | 33 | 31 | -6.1% |
4 Bedrooms | 28 | 33 | +17.9% |
5+ Bedrooms | 18 | 22 | +22.2% |
Summary: The 92009 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.3%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 39 | +2.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in 92009 in March 2024, up by 2.6% month-over-month. Of the 39 sold homes, 21% were sold under asking, 23% were sold at asking, and 56% were sold over asking.
Days on Market for 92009, CA
How long does it take to sell a home in 92009, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 23 Days | -26.0% |
Summary: Homes in 92009 had an average of 23 days on market in Mar 2024, down by 26% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 39 homes were sold in 92009; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.