Is 92277, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 92277 was a Seller's Market.
Housing Prices in 92277, CA
How much do homes in 92277, CA cost?
Median Sold Price
$270,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92277 was $270,000 in March 2024, down 7.8% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $165K | 0.0% |
2 Bedrooms | $249.9K | $237.5K | -5.0% |
3 Bedrooms | $302K | $291.5K | -3.5% |
4 Bedrooms | $340.5K | $345K | +1.3% |
5+ Bedrooms | $492.5K | $370K | -24.9% |
Summary: 92277 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 24.9%.
Median Sold Price Compared To Nearby Zip Codes
92277 | $293K | $270K | -7.8% |
92252 | $470K | $391K | -16.8% |
Housing Supply in 92277, CA
How many homes are available in 92277, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
170 | 190 | +11.8% |
Summary: The 92277 real estate market had 190 homes for sale in March 2024, a 11.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 31 | 35 | +12.9% |
2 Bedrooms | 51 | 63 | +23.5% |
3 Bedrooms | 65 | 66 | +1.5% |
4 Bedrooms | 17 | 20 | +17.6% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 92277 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 21 | -4.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 92277 in March 2024, down by 4.5% month-over-month. Of the 21 sold homes, 52% were sold under asking, 38% were sold at asking, and 10% were sold over asking.
Days on Market for 92277, CA
How long does it take to sell a home in 92277, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 65 Days | +4.3% |
Summary: Homes in 92277 had an average of 65 days on market in Mar 2024, up by 4.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in 92277; 52% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.