Is 92110, 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, 92110 has remained a Seller's Market.
Housing Prices in 92110, CA
How much do homes in 92110, CA cost?
Median Sold Price
$790,000
$666/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92110 was $790,000 in March 2024, up 12.4% from last year, and the median price per square foot was $666.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $475K | $480.5K | +1.2% |
2 Bedrooms | $650.2K | $662.5K | +1.9% |
3 Bedrooms | $1.2M | $1.2M | -3.0% |
4 Bedrooms | $1.5M | $1.4M | -3.7% |
5+ Bedrooms | $1.7M | $1.9M | +13.0% |
Summary: 92110 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 13%.
Housing Supply in 92110, CA
How many homes are available in 92110, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 42 | +20.0% |
Summary: The 92110 real estate market had 42 homes for sale in March 2024, a 20.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 9 | -10.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 9 | 11 | +22.2% |
4 Bedrooms | 7 | 11 | +57.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 92110 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 16 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 92110 in March 2024, up by 33.3% month-over-month. Of the 16 sold homes, 31% were sold under asking, 19% were sold at asking, and 50% were sold over asking.
Days on Market for 92110, CA
How long does it take to sell a home in 92110, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 20 Days | -20.0% |
Summary: Homes in 92110 had an average of 20 days on market in Mar 2024, down by 20% compared to last year.
Breakdown of Home Sale Times
13 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, 16 homes were sold in 92110; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.