Is 92011, 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, 92011 has remained a Seller's Market.
Housing Prices in 92011, CA
How much do homes in 92011, CA cost?
Median Sold Price
$1,440,430
$717/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92011 was $1,440,430 in March 2024, down 0.3% from last year, and the median price per square foot was $717.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $820K | N/A |
2 Bedrooms | $955K | $987K | +3.4% |
3 Bedrooms | $1.3M | $1.3M | -3.9% |
4 Bedrooms | $1.8M | $1.9M | +5.7% |
5+ Bedrooms | $2.0M | $2.0M | +1.2% |
Summary: 92011 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 1.2%.
Housing Supply in 92011, CA
How many homes are available in 92011, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
50 | 50 | 0.0% |
Summary: The 92011 real estate market had 50 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 | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 11 | +37.5% |
3 Bedrooms | 15 | 16 | +6.7% |
4 Bedrooms | 17 | 15 | -11.8% |
5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 92011 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 increased by 37.5%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 18 | +28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 92011 in March 2024, up by 28.6% month-over-month. Of the 18 sold homes, 28% were sold under asking, 33% were sold at asking, and 39% were sold over asking.
Days on Market for 92011, CA
How long does it take to sell a home in 92011, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 12 Days | -53.3% |
Summary: Homes in 92011 had an average of 12 days on market in Mar 2024, down by 53.3% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in 92011; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.