Is 92119, 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, 92119 has remained a Seller's Market.
Housing Prices in 92119, CA
How much do homes in 92119, CA cost?
Median Sold Price
$927,500
$587/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92119 was $927,500 in March 2024, up 7.5% from last year, and the median price per square foot was $587.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $385K | $410K | +6.5% |
2 Bedrooms | $505.2K | $520K | +2.9% |
3 Bedrooms | $860K | $920K | +7.0% |
4 Bedrooms | $1.0M | $1.1M | +7.0% |
5+ Bedrooms | $1.1M | $1.1M | -1.4% |
Summary: 92119 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 1.4%.
Housing Supply in 92119, CA
How many homes are available in 92119, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
52 | 53 | +1.9% |
Summary: The 92119 real estate market had 53 homes for sale in March 2024, a 1.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 13 | 11 | -15.4% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 92119 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 21 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 92119 in March 2024, the same as the previous month. Of the 21 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for 92119, CA
How long does it take to sell a home in 92119, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
14 Days | 13 Days | -7.1% |
Summary: Homes in 92119 had an average of 13 days on market in Mar 2024, down by 7.1% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in 92119; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.