Is 92344, 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, 92344 was a Seller's Market.
Housing Prices in 92344, CA
How much do homes in 92344, CA cost?
Median Sold Price
$500,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92344 was $500,000 in April 2024, up 3.1% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $380K | +26.7% |
2 Bedrooms | $330K | $350K | +6.1% |
3 Bedrooms | $435K | $465K | +6.9% |
4 Bedrooms | $517.6K | $525K | +1.4% |
5+ Bedrooms | $503.7K | $532.5K | +5.7% |
Summary: 92344 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 5.7%.
Housing Supply in 92344, CA
How many homes are available in 92344, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
107 | 112 | +4.7% |
Summary: The 92344 real estate market had 112 homes for sale in April 2024, a 4.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 27 | 29 | +7.4% |
4 Bedrooms | 52 | 56 | +7.7% |
5+ Bedrooms | 25 | 24 | -4.0% |
Summary: The 92344 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 remained the same, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 18 | -5.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 92344 in April 2024, down by 5.3% month-over-month. Of the 18 sold homes, 28% were sold under asking, 33% were sold at asking, and 39% were sold over asking.
Days on Market for 92344, CA
How long does it take to sell a home in 92344, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 50 Days | +4.2% |
Summary: Homes in 92344 had an average of 50 days on market in Apr 2024, up by 4.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in 92344; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.