Is 92060, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92060 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 92060 was a Seller's Market.

Key Takeaway

92060 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 92060, CA

How much do homes in 92060, CA cost?

Median Sold Price

$425,000

$409/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$110,000(+34.9%)

Key Takeaway

Homes in 92060 have sold for 34.9% more than they did a month ago.

Summary: The median home sold price in 92060 was $425,000 in April 2024, up 34.9% from last month, and the median price per square foot was $409.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $110K$425K
+286.4%
2 --
N/A
3 $520K-
N/A
4 --
N/A
5+ --
N/A

Summary: 92060 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 286.4%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

92060
+34.9%
92070
+34.5%

Housing Supply in 92060, CA

How many homes are available in 92060, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
108-20.0%

Summary: The 92060 real estate market had 8 homes for sale in April 2024, a 20.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 10
-100.0%
3 32
-33.3%
4 22
0.0%
5+ 11
0.0%

Summary: The 92060 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 decreased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92060, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 92060 in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 92060, CA

How long does it take to sell a home in 92060, CA?

Average Sale Time

Mar 2024Apr 2024CHANGE
55 Days10 Days-81.8%

Summary: Homes in 92060 had an average of 10 days on market in Apr 2024, down by 81.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92060 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 92060; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 92060, CA

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