Is 92026, 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, 92026 has remained a Seller's Market.
Key Takeaway
92026 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 92026, CA
How much do homes in 92026, CA cost?
Median Sold Price
$800,000
$462/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 92026 have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in 92026 was $800,000 in March 2024, up 5.6% from last year, and the median price per square foot was $462.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310K | $381.1K | +23.0% |
| 2 Bedrooms | $544K | $565K | +3.9% |
| 3 Bedrooms | $750K | $799K | +6.5% |
| 4 Bedrooms | $889K | $939.9K | +5.7% |
| 5+ Bedrooms | $1.0M | $1.1M | +5.9% |
Summary: 92026 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 5.9%.
Housing Supply in 92026, CA
How many homes are available in 92026, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 114 | 118 | +3.5% |
Summary: The 92026 real estate market had 118 homes for sale in March 2024, a 3.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 20 | 22 | +10.0% |
| 3 Bedrooms | 56 | 56 | 0.0% |
| 4 Bedrooms | 30 | 33 | +10.0% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 92026 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 10%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 | 37 | +2.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 92026, you could pay more than the asking price. 59.5% of homes here sold above asking price last month.
Summary: A total of 37 homes were sold or pending in 92026 in March 2024, up by 2.8% month-over-month. Of the 37 sold homes, 16% were sold under asking, 24% were sold at asking, and 59% were sold over asking.
Days on Market for 92026, CA
How long does it take to sell a home in 92026, CA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 36 Days | 16 Days | -55.9% |
Summary: Homes in 92026 had an average of 16 days on market in Mar 2024, down by 55.9% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 92026 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 37 homes were sold in 92026; 86% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.