Is 92024, 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, 92024 has remained a Seller's Market.
Housing Prices in 92024, CA
How much do homes in 92024, CA cost?
Median Sold Price
$1,679,944
$885/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92024 was $1,679,944 in April 2024, up 0.3% from last year, and the median price per square foot was $885.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $565K | $529.7K | -6.2% |
2 Bedrooms | $1.0M | $865K | -13.9% |
3 Bedrooms | $1.4M | $1.4M | -1.2% |
4 Bedrooms | $2.0M | $2.3M | +14.5% |
5+ Bedrooms | $3.1M | $3.2M | +0.8% |
Summary: 92024 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes decreased by 13.9%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 0.8%.
Housing Supply in 92024, CA
How many homes are available in 92024, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
116 | 132 | +13.8% |
Summary: The 92024 real estate market had 132 homes for sale in April 2024, a 13.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 15 | 18 | +20.0% |
3 Bedrooms | 36 | 37 | +2.8% |
4 Bedrooms | 38 | 42 | +10.5% |
5+ Bedrooms | 23 | 31 | +34.8% |
Summary: The 92024 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 34.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 32 | +18.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in 92024 in April 2024, up by 18.5% month-over-month. Of the 32 sold homes, 47% were sold under asking, 19% were sold at asking, and 34% were sold over asking.
Days on Market for 92024, CA
How long does it take to sell a home in 92024, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 21 Days | +21.6% |
Summary: Homes in 92024 had an average of 21 days on market in Apr 2024, up by 21.6% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in 92024; 78% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.