Is 92081, 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, 92081 has remained a Seller's Market.
Housing Prices in 92081, CA
How much do homes in 92081, CA cost?
Median Sold Price
$898,790
$510/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92081 was $898,790 in April 2024, up 2.7% from last year, and the median price per square foot was $510.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $415K | $432K | +4.1% |
2 Bedrooms | $684.5K | $700K | +2.3% |
3 Bedrooms | $852.5K | $892.1K | +4.7% |
4 Bedrooms | $997.5K | $1.0M | +2.0% |
5+ Bedrooms | $1.1M | $1.0M | -1.0% |
Summary: 92081 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 1%.
Housing Supply in 92081, CA
How many homes are available in 92081, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 56 | 0.0% |
Summary: The 92081 real estate market had 56 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 11 | 13 | +18.2% |
3 Bedrooms | 22 | 23 | +4.5% |
4 Bedrooms | 18 | 15 | -16.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 92081 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 18.2%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 17 | -19.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 92081 in April 2024, down by 19.0% month-over-month. Of the 17 sold homes, 18% were sold under asking, 12% were sold at asking, and 71% were sold over asking.
Days on Market for 92081, CA
How long does it take to sell a home in 92081, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 15 Days | +45.7% |
Summary: Homes in 92081 had an average of 15 days on market in Apr 2024, up by 45.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in 92081; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.