Is 92114, 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, 92114 has remained a Seller's Market.
Housing Prices in 92114, CA
How much do homes in 92114, CA cost?
Median Sold Price
$715,000
$522/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92114 was $715,000 in March 2024, up 5.9% from last year, and the median price per square foot was $522.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | $515K | +47.1% |
2 Bedrooms | $585.2K | $627.5K | +7.2% |
3 Bedrooms | $670K | $690K | +3.0% |
4 Bedrooms | $721K | $750K | +4.0% |
5+ Bedrooms | $738K | $769K | +4.2% |
Summary: 92114 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.1%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 4.2%.
Housing Supply in 92114, CA
How many homes are available in 92114, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
73 | 72 | -1.4% |
Summary: The 92114 real estate market had 72 homes for sale in March 2024, a 1.4% 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 | 5 | 3 | -40.0% |
3 Bedrooms | 36 | 37 | +2.8% |
4 Bedrooms | 24 | 22 | -8.3% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 92114 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 40%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 19 | -20.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 92114 in March 2024, down by 20.8% month-over-month. Of the 19 sold homes, 21% were sold under asking, 16% were sold at asking, and 63% were sold over asking.
Days on Market for 92114, CA
How long does it take to sell a home in 92114, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 21 Days | +9.2% |
Summary: Homes in 92114 had an average of 21 days on market in Mar 2024, up by 9.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in 92114; 68% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.