Is 92020, 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, 92020 has remained a Seller's Market.
Housing Prices in 92020, CA
How much do homes in 92020, CA cost?
Median Sold Price
$750,000
$490/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92020 was $750,000 in April 2024, up 4.1% from last year, and the median price per square foot was $490.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | $337.5K | +3.8% |
2 Bedrooms | $436K | $487.5K | +11.8% |
3 Bedrooms | $690K | $736K | +6.7% |
4 Bedrooms | $920K | $1.0M | +12.0% |
5+ Bedrooms | $1.1M | $1.1M | -3.0% |
Summary: 92020 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 3%.
Housing Supply in 92020, CA
How many homes are available in 92020, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
103 | 112 | +8.7% |
Summary: The 92020 real estate market had 112 homes for sale in April 2024, a 8.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 26 | 20 | -23.1% |
3 Bedrooms | 38 | 43 | +13.2% |
4 Bedrooms | 22 | 26 | +18.2% |
5+ Bedrooms | 12 | 17 | +41.7% |
Summary: The 92020 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 41.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 29 | -3.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 92020 in April 2024, down by 3.3% month-over-month. Of the 29 sold homes, 31% were sold under asking, 21% were sold at asking, and 48% were sold over asking.
Days on Market for 92020, CA
How long does it take to sell a home in 92020, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 14 Days | -21.8% |
Summary: Homes in 92020 had an average of 14 days on market in Apr 2024, down by 21.8% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 29 homes were sold in 92020; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.