Is 92130, 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, 92130 has remained a Seller's Market.
Housing Prices in 92130, CA
How much do homes in 92130, CA cost?
Median Sold Price
$1,709,666
$786/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92130 was $1,709,666 in March 2024, up 7.6% from last year, and the median price per square foot was $786.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $620K | $625K | +0.8% |
2 Bedrooms | $875K | $850K | -2.9% |
3 Bedrooms | $1.2M | $1.3M | +6.0% |
4 Bedrooms | $2.1M | $2.1M | +0.7% |
5+ Bedrooms | $2.7M | $2.6M | -1.2% |
Summary: 92130 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 1.2%.
Housing Supply in 92130, CA
How many homes are available in 92130, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
91 | 94 | +3.3% |
Summary: The 92130 real estate market had 94 homes for sale in March 2024, a 3.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 16 | 14 | -12.5% |
3 Bedrooms | 18 | 16 | -11.1% |
4 Bedrooms | 22 | 26 | +18.2% |
5+ Bedrooms | 27 | 29 | +7.4% |
Summary: The 92130 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 7.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 28 | -17.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in 92130 in March 2024, down by 17.6% month-over-month. Of the 28 sold homes, 21% were sold under asking, 7% were sold at asking, and 71% were sold over asking.
Days on Market for 92130, CA
How long does it take to sell a home in 92130, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
36 Days | 20 Days | -45.3% |
Summary: Homes in 92130 had an average of 20 days on market in Mar 2024, down by 45.3% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 28 homes were sold in 92130; 86% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.