Is 92308, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 92308 was a Neutral Market.
Housing Prices in 92308, CA
How much do homes in 92308, CA cost?
Median Sold Price
$389,956
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 92308 was $389,956 in February 2024, down 1.3% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $155K | 0.0% |
2 Bedrooms | $334K | $330K | -1.2% |
3 Bedrooms | $382.8K | $380.6K | -0.6% |
4 Bedrooms | $491.5K | $485K | -1.3% |
5+ Bedrooms | $583.7K | $593.5K | +1.7% |
Summary: 92308 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 1.7%.
Housing Supply in 92308, CA
How many homes are available in 92308, CA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
168 | 167 | -0.6% |
Summary: The 92308 real estate market had 167 homes for sale in February 2024, a 0.6% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 36 | 38 | +5.6% |
3 Bedrooms | 77 | 70 | -9.1% |
4 Bedrooms | 38 | 41 | +7.9% |
5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The 92308 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
43 | 34 | -20.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in 92308 in February 2024, down by 20.9% month-over-month. Of the 34 sold homes, 29% were sold under asking, 29% were sold at asking, and 41% were sold over asking.
Days on Market for 92308, CA
How long does it take to sell a home in 92308, CA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
50 Days | 43 Days | -12.7% |
Summary: Homes in 92308 had an average of 43 days on market in Feb 2024, down by 12.7% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 34 homes were sold in 92308; 53% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.