Is 92324, 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, 92324 has remained a Seller's Market.
Housing Prices in 92324, CA
How much do homes in 92324, CA cost?
Median Sold Price
$490,000
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92324 was $490,000 in April 2024, up 4.3% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195.5K | $245K | +25.3% |
2 Bedrooms | $380K | $400K | +5.3% |
3 Bedrooms | $478K | $485K | +1.5% |
4 Bedrooms | $530K | $564.9K | +6.6% |
5+ Bedrooms | $660K | $700K | +6.1% |
Summary: 92324 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.3%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 6.1%.
Housing Supply in 92324, CA
How many homes are available in 92324, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
92 | 103 | +12.0% |
Summary: The 92324 real estate market had 103 homes for sale in April 2024, a 12.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 7 | +133.3% |
2 Bedrooms | 25 | 28 | +12.0% |
3 Bedrooms | 33 | 36 | +9.1% |
4 Bedrooms | 19 | 19 | 0.0% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The 92324 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 133.3%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 29 | +81.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 92324 in April 2024, up by 81.3% month-over-month. Of the 29 sold homes, 14% were sold under asking, 38% were sold at asking, and 48% were sold over asking.
Days on Market for 92324, CA
How long does it take to sell a home in 92324, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 27 Days | -26.2% |
Summary: Homes in 92324 had an average of 27 days on market in Apr 2024, down by 26.2% compared to last year.
Breakdown of Home Sale Times
24 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, 29 homes were sold in 92324; 83% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.