Is 92311, 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, 92311 was a Seller's Market.
Housing Prices in 92311, CA
How much do homes in 92311, CA cost?
Median Sold Price
$265,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92311 was $265,000 in April 2024, up 6% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $99.5K | $122.5K | +23.1% |
2 Bedrooms | $202.2K | $225K | +11.3% |
3 Bedrooms | $249.3K | $260K | +4.3% |
4 Bedrooms | $298K | $300K | +0.7% |
5+ Bedrooms | $304.8K | $331.5K | +8.7% |
Summary: 92311 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Zip Codes
92311 | $250K | $265K | +6.0% |
92342 | $350K | $362K | +3.4% |
Housing Supply in 92311, CA
How many homes are available in 92311, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
132 | 130 | -1.5% |
Summary: The 92311 real estate market had 130 homes for sale in April 2024, a 1.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 23 | 22 | -4.3% |
3 Bedrooms | 59 | 57 | -3.4% |
4 Bedrooms | 34 | 36 | +5.9% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The 92311 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 decreased by 4.3%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 19 | -24.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 92311 in April 2024, down by 24.0% month-over-month. Of the 19 sold homes, 37% were sold under asking, 47% were sold at asking, and 16% were sold over asking.
Days on Market for 92311, CA
How long does it take to sell a home in 92311, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 40 Days | +14.1% |
Summary: Homes in 92311 had an average of 40 days on market in Apr 2024, up by 14.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in 92311; 53% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.