Is 92268, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92268 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 92268 has remained a Buyer's Market.

Key Takeaway

92268 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 92268, CA

How much do homes in 92268, CA cost?

Median Sold Price

$600,000

$350/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$250,000(+71.4%)

Key Takeaway

Homes in 92268 have sold for 71.4% more than they did a month ago.

Summary: The median home sold price in 92268 was $600,000 in March 2024, up 71.4% from last month, and the median price per square foot was $350.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $350K$600K
+71.4%
4 --
N/A
5+ --
N/A

Summary: 92268 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 71.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 92268, CA

How many homes are available in 92268, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1012+20.0%

Summary: The 92268 real estate market had 12 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 44
0.0%
4 11
0.0%
5+ 12
+100.0%

Summary: The 92268 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 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92268, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 92268 in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 92268, CA

How long does it take to sell a home in 92268, CA?

Average Sale Time

Feb 2024Mar 2024CHANGE
33 Days2 Days-93.9%

Summary: Homes in 92268 had an average of 2 days on market in Mar 2024, down by 93.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92268 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in 92268; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in 92268, CA

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