Is 92139, 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, 92139 has remained a Seller's Market.
Housing Prices in 92139, CA
How much do homes in 92139, CA cost?
Median Sold Price
$650,000
$505/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92139 was $650,000 in March 2024, up 0.5% from last year, and the median price per square foot was $505.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $365K | $402K | +10.1% |
2 Bedrooms | $495K | $527.5K | +6.6% |
3 Bedrooms | $623.2K | $650K | +4.3% |
4 Bedrooms | $700K | $740K | +5.7% |
5+ Bedrooms | $782.5K | $807.5K | +3.2% |
Summary: 92139 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 3.2%.
Housing Supply in 92139, CA
How many homes are available in 92139, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 37 | +5.7% |
Summary: The 92139 real estate market had 37 homes for sale in March 2024, a 5.7% increase 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 | 7 | 8 | +14.3% |
3 Bedrooms | 17 | 16 | -5.9% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 92139 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 increased by 14.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 16 | +60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 92139 in March 2024, up by 60.0% month-over-month. Of the 16 sold homes, 19% were sold under asking, 31% were sold at asking, and 50% were sold over asking.
Days on Market for 92139, CA
How long does it take to sell a home in 92139, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 14 Days | -45.3% |
Summary: Homes in 92139 had an average of 14 days on market in Mar 2024, down by 45.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in 92139; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.