Is 92313, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92313 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 92313 has remained a Seller's Market.

Key Takeaway

92313 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92313, CA

How much do homes in 92313, CA cost?

Median Sold Price

$585,000

$351/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$75,500(+14.8%)

Key Takeaway

Homes in 92313 have sold for 14.8% more than they did a year ago.

Summary: The median home sold price in 92313 was $585,000 in April 2024, up 14.8% from last year, and the median price per square foot was $351.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $380K$382K
0.5%
3 $499.9K$550K
+10.0%
4 $565.2K$628.5K
+11.2%
5+ $693K$855K
+23.4%

Summary: 92313 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 0.5%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 23.4%.

Median Sold Price Compared To Nearby Zip Codes

92313
+14.8%
92324
+4.3%

Housing Supply in 92313, CA

How many homes are available in 92313, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2134+61.9%

Summary: The 92313 real estate market had 34 homes for sale in April 2024, a 61.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1424
+71.4%
4 56
+20.0%
5+ 12
+100.0%

Summary: The 92313 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 100%, 3 bedroom homes increased by 71.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110+900.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92313, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in 92313 in April 2024, up by 900.0% month-over-month. Of the 10 sold homes, 20% were sold under asking, 30% were sold at asking, and 50% were sold over asking.

Days on Market for 92313, CA

How long does it take to sell a home in 92313, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
13 Days18 Days+41.0%

Summary: Homes in 92313 had an average of 18 days on market in Apr 2024, up by 41% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92313 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 10 homes were sold in 92313; 80% of homes were sold within 30 days, 20% 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 5 Days Ago

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