Is 92325, 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, 92325 was a Seller's Market.
Housing Prices in 92325, CA
How much do homes in 92325, CA cost?
Median Sold Price
$369,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92325 was $369,000 in April 2024, down 5.4% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $243K | -8.3% |
2 Bedrooms | $340K | $318.5K | -6.3% |
3 Bedrooms | $419K | $410K | -2.1% |
4 Bedrooms | $465K | $475K | +2.2% |
5+ Bedrooms | $625K | $555K | -11.2% |
Summary: 92325 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.3%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 11.2%.
Housing Supply in 92325, CA
How many homes are available in 92325, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
120 | 136 | +13.3% |
Summary: The 92325 real estate market had 136 homes for sale in April 2024, a 13.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 11 | +10.0% |
2 Bedrooms | 32 | 39 | +21.9% |
3 Bedrooms | 44 | 49 | +11.4% |
4 Bedrooms | 25 | 27 | +8.0% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 92325 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 21.9%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 21 | +23.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 92325 in April 2024, up by 23.5% month-over-month. Of the 21 sold homes, 48% were sold under asking, 19% were sold at asking, and 33% were sold over asking.
Days on Market for 92325, CA
How long does it take to sell a home in 92325, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 54 Days | -10.2% |
Summary: Homes in 92325 had an average of 54 days on market in Apr 2024, down by 10.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in 92325; 48% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.