Is 92083, 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, 92083 has remained a Seller's Market.
Housing Prices in 92083, CA
How much do homes in 92083, CA cost?
Median Sold Price
$720,000
$508/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92083 was $720,000 in April 2024, up 1.4% from last year, and the median price per square foot was $508.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $415K | $447.5K | +7.8% |
2 Bedrooms | $495K | $575K | +16.2% |
3 Bedrooms | $695.5K | $719K | +3.4% |
4 Bedrooms | $849.5K | $905K | +6.5% |
5+ Bedrooms | $1.0M | $1.1M | +16.3% |
Summary: 92083 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.8%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 16.3%.
Housing Supply in 92083, CA
How many homes are available in 92083, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 46 | 0.0% |
Summary: The 92083 real estate market had 46 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 | 1 | 3 | +200.0% |
2 Bedrooms | 11 | 11 | 0.0% |
3 Bedrooms | 23 | 18 | -21.7% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 92083 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 21.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 13 | -18.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 92083 in April 2024, down by 18.8% month-over-month. Of the 13 sold homes, 15% were sold under asking, 8% were sold at asking, and 77% were sold over asking.
Days on Market for 92083, CA
How long does it take to sell a home in 92083, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 7 Days | -61.9% |
Summary: Homes in 92083 had an average of 7 days on market in Apr 2024, down by 61.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in 92083; 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.