Is 92374, 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, 92374 has remained a Seller's Market.
Housing Prices in 92374, CA
How much do homes in 92374, CA cost?
Median Sold Price
$583,000
$350/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92374 was $583,000 in April 2024, up 6% from last year, and the median price per square foot was $350.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $253K | +1.2% |
2 Bedrooms | $420K | $432.5K | +3.0% |
3 Bedrooms | $511K | $545.9K | +6.8% |
4 Bedrooms | $599.4K | $629.5K | +5.0% |
5+ Bedrooms | $750K | $745K | -0.7% |
Summary: 92374 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in 92374, CA
How many homes are available in 92374, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
84 | 90 | +7.1% |
Summary: The 92374 real estate market had 90 homes for sale in April 2024, a 7.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 33 | 38 | +15.2% |
4 Bedrooms | 33 | 33 | 0.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 92374 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 15.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 28 | +55.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in 92374 in April 2024, up by 55.6% month-over-month. Of the 28 sold homes, 21% were sold under asking, 29% were sold at asking, and 50% were sold over asking.
Days on Market for 92374, CA
How long does it take to sell a home in 92374, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 25 Days | -43.4% |
Summary: Homes in 92374 had an average of 25 days on market in Apr 2024, down by 43.4% compared to last year.
Breakdown of Home Sale Times
19 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, 28 homes were sold in 92374; 68% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.