Is 92509, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 92509 has remained a Seller's Market.
Housing Prices in 92509, CA
How much do homes in 92509, CA cost?
Median Sold Price
$604,666
$363/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92509 was $604,666 in March 2024, up 3.4% from last year, and the median price per square foot was $363.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | - | N/A |
2 Bedrooms | $440K | $460K | +4.5% |
3 Bedrooms | $560K | $575K | +2.7% |
4 Bedrooms | $625.5K | $650K | +3.9% |
5+ Bedrooms | $719.7K | $690K | -4.1% |
Summary: 92509 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 4.1%.
Housing Supply in 92509, CA
How many homes are available in 92509, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
83 | 97 | +16.9% |
Summary: The 92509 real estate market had 97 homes for sale in March 2024, a 16.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 35 | 36 | +2.9% |
4 Bedrooms | 35 | 45 | +28.6% |
5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The 92509 housing inventory by bedroom type for March 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 2.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 27 | +170.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 92509 in March 2024, up by 170.0% month-over-month. Of the 27 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.
Days on Market for 92509, CA
How long does it take to sell a home in 92509, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
64 Days | 20 Days | -68.6% |
Summary: Homes in 92509 had an average of 20 days on market in Mar 2024, down by 68.6% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in 92509; 81% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.