Is 92315, 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, 92315 was a Seller's Market.
Housing Prices in 92315, CA
How much do homes in 92315, CA cost?
Median Sold Price
$629,666
$441/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92315 was $629,666 in March 2024, down 4.3% from last year, and the median price per square foot was $441.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $370K | $373.5K | +0.9% |
2 Bedrooms | $494.9K | $486.2K | -1.7% |
3 Bedrooms | $697K | $647K | -7.2% |
4 Bedrooms | $845K | $920K | +8.9% |
5+ Bedrooms | $1.1M | $1.5M | +28.2% |
Summary: 92315 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 28.2%.
Housing Supply in 92315, CA
How many homes are available in 92315, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
192 | 213 | +10.9% |
Summary: The 92315 real estate market had 213 homes for sale in March 2024, a 10.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 12 | +20.0% |
2 Bedrooms | 44 | 48 | +9.1% |
3 Bedrooms | 82 | 86 | +4.9% |
4 Bedrooms | 31 | 37 | +19.4% |
5+ Bedrooms | 25 | 30 | +20.0% |
Summary: The 92315 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 24 | -17.2% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 92315 in March 2024, down by 17.2% month-over-month. Of the 24 sold homes, 79% were sold under asking, 13% were sold at asking, and 8% were sold over asking.
Days on Market for 92315, CA
How long does it take to sell a home in 92315, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
72 Days | 77 Days | +6.0% |
Summary: Homes in 92315 had an average of 77 days on market in Mar 2024, up by 6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in 92315; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.