Is 92264, 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, 92264 was a Seller's Market.
Housing Prices in 92264, CA
How much do homes in 92264, CA cost?
Median Sold Price
$625,000
$401/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92264 was $625,000 in April 2024, up 9.8% from last year, and the median price per square foot was $401.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $299.9K | $275K | -8.3% |
2 Bedrooms | $460K | $460K | 0.0% |
3 Bedrooms | $962.5K | $1.0M | +9.1% |
4 Bedrooms | $1.7M | $1.6M | -2.9% |
5+ Bedrooms | $1.8M | $2.5M | +38.5% |
Summary: 92264 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 38.5%.
Housing Supply in 92264, CA
How many homes are available in 92264, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
370 | 400 | +8.1% |
Summary: The 92264 real estate market had 400 homes for sale in April 2024, a 8.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 40 | 44 | +10.0% |
2 Bedrooms | 138 | 150 | +8.7% |
3 Bedrooms | 133 | 142 | +6.8% |
4 Bedrooms | 48 | 52 | +8.3% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The 92264 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 | 66 | +11.9% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 66 homes were sold or pending in 92264 in April 2024, up by 11.9% month-over-month. Of the 66 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.
Days on Market for 92264, CA
How long does it take to sell a home in 92264, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 55 Days | +16.2% |
Summary: Homes in 92264 had an average of 55 days on market in Apr 2024, up by 16.2% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 66 homes were sold in 92264; 35% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.