Is 92067, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92067 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 92067 was a Seller's Market.

Key Takeaway

92067 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 92067, CA

How much do homes in 92067, CA cost?

Median Sold Price

$4,440,000

$907/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$40,000(+0.9%)

Key Takeaway

Homes in 92067 have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in 92067 was $4,440,000 in April 2024, up 0.9% from last year, and the median price per square foot was $907.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$2.6M
N/A
2 $2.1M$1.7M
-19.1%
3 $3.2M$3.9M
+24.5%
4 $3.9M$3.9M
-0.8%
5+ $5.8M$5.0M
-13.5%

Summary: 92067 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.1%, 3 bedroom homes increased by 24.5%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 13.5%.

Median Sold Price Compared To Nearby Zip Codes

92091
+12.6%
92075
+5.7%
92127
+1.9%
92067
+0.9%
92024
0.3%

Housing Supply in 92067, CA

How many homes are available in 92067, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7183+16.9%

Summary: The 92067 real estate market had 83 homes for sale in April 2024, a 16.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 11
0.0%
3 510
+100.0%
4 1214
+16.7%
5+ 5257
+9.6%

Summary: The 92067 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 9.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92067, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 92067 in April 2024, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for 92067, CA

How long does it take to sell a home in 92067, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
38 Days16 Days-57.8%

Summary: Homes in 92067 had an average of 16 days on market in Apr 2024, down by 57.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92067 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in 92067; 75% of homes were sold within 30 days, 25% 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 4 Days Ago

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