Is 92069, 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, 92069 has remained a Seller's Market.
Housing Prices in 92069, CA
How much do homes in 92069, CA cost?
Median Sold Price
$873,446
$502/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92069 was $873,446 in March 2024, up 4% from last year, and the median price per square foot was $502.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $392.5K | $765K | +94.9% |
2 Bedrooms | $564.9K | $525K | -7.1% |
3 Bedrooms | $800K | $819.5K | +2.4% |
4 Bedrooms | $920K | $980K | +6.5% |
5+ Bedrooms | $1.1M | $1.3M | +20.1% |
Summary: 92069 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 94.9%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 20.1%.
Housing Supply in 92069, CA
How many homes are available in 92069, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 56 | +14.3% |
Summary: The 92069 real estate market had 56 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 15 | 24 | +60.0% |
4 Bedrooms | 21 | 20 | -4.8% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 92069 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 92069 in March 2024, the same as the previous month. Of the 12 sold homes, 8% were sold under asking, 25% were sold at asking, and 67% were sold over asking.
Days on Market for 92069, CA
How long does it take to sell a home in 92069, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 15 Days | -44.2% |
Summary: Homes in 92069 had an average of 15 days on market in Mar 2024, down by 44.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 92069; 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.