Is 92127, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 92127 has remained a Seller's Market.
Housing Prices in 92127, CA
How much do homes in 92127, CA cost?
Median Sold Price
$1,375,533
$650/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92127 was $1,375,533 in April 2024, up 1.9% from last year, and the median price per square foot was $650.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $449K | $485K | +8.0% |
2 Bedrooms | $610K | $687.5K | +12.7% |
3 Bedrooms | $1.1M | $1.1M | 0.3% |
4 Bedrooms | $1.6M | $1.8M | +12.6% |
5+ Bedrooms | $2.4M | $2.6M | +9.7% |
Summary: 92127 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 9.7%.
Housing Supply in 92127, CA
How many homes are available in 92127, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
109 | 131 | +20.2% |
Summary: The 92127 real estate market had 131 homes for sale in April 2024, a 20.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 17 | 18 | +5.9% |
3 Bedrooms | 22 | 31 | +40.9% |
4 Bedrooms | 31 | 40 | +29.0% |
5+ Bedrooms | 36 | 38 | +5.6% |
Summary: The 92127 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 40.9%, 4 bedroom homes increased by 29%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 33 | -10.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 92127 in April 2024, down by 10.8% month-over-month. Of the 33 sold homes, 12% were sold under asking, 9% were sold at asking, and 79% were sold over asking.
Days on Market for 92127, CA
How long does it take to sell a home in 92127, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 12 Days | -45.9% |
Summary: Homes in 92127 had an average of 12 days on market in Apr 2024, down by 45.9% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in 92127; 88% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.