Is 92113, 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, 92113 has remained a Seller's Market.
Housing Prices in 92113, CA
How much do homes in 92113, CA cost?
Median Sold Price
$650,000
$561/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92113 was $650,000 in March 2024, up 5.7% from last year, and the median price per square foot was $561.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $417.4K | $435K | +4.2% |
2 Bedrooms | $500K | $575K | +15.0% |
3 Bedrooms | $640K | $665K | +3.9% |
4 Bedrooms | $650K | $743.7K | +14.4% |
5+ Bedrooms | $785K | $704.8K | -10.2% |
Summary: 92113 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes decreased by 10.2%.
Housing Supply in 92113, CA
How many homes are available in 92113, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 38 | -13.6% |
Summary: The 92113 real estate market had 38 homes for sale in March 2024, a 13.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 16 | 14 | -12.5% |
3 Bedrooms | 18 | 16 | -11.1% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 92113 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 8 | -27.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 92113 in March 2024, down by 27.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for 92113, CA
How long does it take to sell a home in 92113, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
27 Days | 30 Days | +8.3% |
Summary: Homes in 92113 had an average of 30 days on market in Mar 2024, up by 8.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 92113; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.