Is 92103, 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, 92103 has remained a Seller's Market.
Housing Prices in 92103, CA
How much do homes in 92103, CA cost?
Median Sold Price
$1,093,125
$758/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92103 was $1,093,125 in March 2024, up 27.5% from last year, and the median price per square foot was $758.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $500K | $550K | +10.0% |
2 Bedrooms | $800K | $867.5K | +8.4% |
3 Bedrooms | $1.5M | $1.3M | -12.4% |
4 Bedrooms | $2.1M | $2.1M | +1.0% |
5+ Bedrooms | $2.4M | $2.4M | -2.5% |
Summary: 92103 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 8.4%, 3 bedroom homes decreased by 12.4%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 2.5%.
Housing Supply in 92103, CA
How many homes are available in 92103, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
88 | 112 | +27.3% |
Summary: The 92103 real estate market had 112 homes for sale in March 2024, a 27.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 23 | +76.9% |
2 Bedrooms | 37 | 45 | +21.6% |
3 Bedrooms | 21 | 22 | +4.8% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 92103 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 76.9%, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 29 | +81.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 92103 in March 2024, up by 81.3% month-over-month. Of the 29 sold homes, 45% were sold under asking, 24% were sold at asking, and 31% were sold over asking.
Days on Market for 92103, CA
How long does it take to sell a home in 92103, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 21 Days | -9.0% |
Summary: Homes in 92103 had an average of 21 days on market in Mar 2024, down by 9% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 29 homes were sold in 92103; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.