Is 92346, 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, 92346 has remained a Seller's Market.
Housing Prices in 92346, CA
How much do homes in 92346, CA cost?
Median Sold Price
$525,000
$317/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in 92346 was $525,000 in April 2024, the same as last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | $220K | -32.3% |
2 Bedrooms | $256.2K | $250K | -2.4% |
3 Bedrooms | $502.5K | $495K | -1.5% |
4 Bedrooms | $575K | $590K | +2.6% |
5+ Bedrooms | $673.2K | $731K | +8.6% |
Summary: 92346 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.3%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 8.6%.
Housing Supply in 92346, CA
How many homes are available in 92346, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
128 | 147 | +14.8% |
Summary: The 92346 real estate market had 147 homes for sale in April 2024, a 14.8% 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 | 17 | 22 | +29.4% |
3 Bedrooms | 45 | 43 | -4.4% |
4 Bedrooms | 51 | 60 | +17.6% |
5+ Bedrooms | 15 | 22 | +46.7% |
Summary: The 92346 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 29.4%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 46.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 47 | +80.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in 92346 in April 2024, up by 80.8% month-over-month. Of the 47 sold homes, 19% were sold under asking, 30% were sold at asking, and 51% were sold over asking.
Days on Market for 92346, CA
How long does it take to sell a home in 92346, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 35 Days | -23.3% |
Summary: Homes in 92346 had an average of 35 days on market in Apr 2024, down by 23.3% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 47 homes were sold in 92346; 74% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.