Is 92129, 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, 92129 has remained a Seller's Market.
Housing Prices in 92129, CA
How much do homes in 92129, CA cost?
Median Sold Price
$1,295,000
$663/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92129 was $1,295,000 in April 2024, up 12.9% from last year, and the median price per square foot was $663.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $430K | $456.2K | +6.1% |
2 Bedrooms | $535K | $575K | +7.5% |
3 Bedrooms | $1.0M | $1.1M | +9.5% |
4 Bedrooms | $1.3M | $1.4M | +9.0% |
5+ Bedrooms | $1.6M | $1.7M | +9.7% |
Summary: 92129 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 9.7%.
Housing Supply in 92129, CA
How many homes are available in 92129, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 84 | +15.1% |
Summary: The 92129 real estate market had 84 homes for sale in April 2024, a 15.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 17 | 21 | +23.5% |
4 Bedrooms | 31 | 34 | +9.7% |
5+ Bedrooms | 13 | 18 | +38.5% |
Summary: The 92129 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 38.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 30 | +15.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in 92129 in April 2024, up by 15.4% month-over-month. Of the 30 sold homes, 23% were sold under asking, 7% were sold at asking, and 70% were sold over asking.
Days on Market for 92129, CA
How long does it take to sell a home in 92129, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 8 Days | -48.5% |
Summary: Homes in 92129 had an average of 8 days on market in Apr 2024, down by 48.5% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 30 homes were sold in 92129; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.