Is 92301, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 92301 has remained a Seller's Market.
Housing Prices in 92301, CA
How much do homes in 92301, CA cost?
Median Sold Price
$389,900
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92301 was $389,900 in April 2024, up 6% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $117.5K | N/A |
2 Bedrooms | $265K | $270K | +1.9% |
3 Bedrooms | $350K | $365K | +4.3% |
4 Bedrooms | $386K | $405K | +4.9% |
5+ Bedrooms | $416.5K | $422.5K | +1.4% |
Summary: 92301 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 1.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 1.4%.
Housing Supply in 92301, CA
How many homes are available in 92301, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
99 | 94 | -5.1% |
Summary: The 92301 real estate market had 94 homes for sale in April 2024, a 5.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 11 | 13 | +18.2% |
3 Bedrooms | 42 | 41 | -2.4% |
4 Bedrooms | 31 | 27 | -12.9% |
5+ Bedrooms | 13 | 11 | -15.4% |
Summary: The 92301 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 18.2%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 15.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 27 | +12.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 92301 in April 2024, up by 12.5% month-over-month. Of the 27 sold homes, 26% were sold under asking, 30% were sold at asking, and 44% were sold over asking.
Days on Market for 92301, CA
How long does it take to sell a home in 92301, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 24 Days | +18.3% |
Summary: Homes in 92301 had an average of 24 days on market in Apr 2024, up by 18.3% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in 92301; 81% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.