Is 92014, 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, 92014 has remained a Seller's Market.
Housing Prices in 92014, CA
How much do homes in 92014, CA cost?
Median Sold Price
$2,540,000
$1,177/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92014 was $2,540,000 in March 2024, up 5% from last year, and the median price per square foot was $1,177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $620K | $1.5M | +156.5% |
2 Bedrooms | $1.3M | $1.5M | +11.3% |
3 Bedrooms | $2.2M | $2.3M | +5.2% |
4 Bedrooms | $3.1M | $3.9M | +24.6% |
5+ Bedrooms | $4.7M | $3.3M | -29.1% |
Summary: 92014 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 156.5%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes decreased by 29.1%.
Housing Supply in 92014, CA
How many homes are available in 92014, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
52 | 64 | +23.1% |
Summary: The 92014 real estate market had 64 homes for sale in March 2024, a 23.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 13 | 19 | +46.2% |
4 Bedrooms | 19 | 22 | +15.8% |
5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 92014 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 46.2%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 92014 in March 2024, up by 33.3% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.
Days on Market for 92014, CA
How long does it take to sell a home in 92014, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
15 Days | 23 Days | +53.4% |
Summary: Homes in 92014 had an average of 23 days on market in Mar 2024, up by 53.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 92014; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.