Is 92225, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 92225 was a Seller's Market.
Housing Prices in 92225, CA
How much do homes in 92225, CA cost?
Median Sold Price
$237,750
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92225 was $237,750 in April 2024, up 1.2% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $249.5K | N/A |
2 Bedrooms | $128K | $175K | +36.7% |
3 Bedrooms | $213.7K | $260K | +21.6% |
4 Bedrooms | $265K | $255K | -3.8% |
5+ Bedrooms | $290K | $428K | +47.6% |
Summary: 92225 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.7%, 3 bedroom homes increased by 21.6%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 47.6%.
Housing Supply in 92225, CA
How many homes are available in 92225, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 66 | +13.8% |
Summary: The 92225 real estate market had 66 homes for sale in April 2024, a 13.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 33 | 39 | +18.2% |
4 Bedrooms | 14 | 12 | -14.3% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 92225 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 increased by 25%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 92225 in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for 92225, CA
How long does it take to sell a home in 92225, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
69 Days | 141 Days | +103.3% |
Summary: Homes in 92225 had an average of 141 days on market in Apr 2024, up by 103.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in 92225; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.