Is 92509, 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, 92509 has remained a Seller's Market.
Housing Prices in 92509, CA
How much do homes in 92509, CA cost?
Median Sold Price
$614,000
$364/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92509 was $614,000 in April 2024, up 5.9% from last year, and the median price per square foot was $364.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | - | N/A |
2 Bedrooms | $445K | $460K | +3.4% |
3 Bedrooms | $560K | $587.5K | +4.9% |
4 Bedrooms | $625K | $650K | +4.0% |
5+ Bedrooms | $703K | $715K | +1.7% |
Summary: 92509 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 1.7%.
Housing Supply in 92509, CA
How many homes are available in 92509, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
101 | 99 | -2.0% |
Summary: The 92509 real estate market had 99 homes for sale in April 2024, a 2.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 37 | 33 | -10.8% |
4 Bedrooms | 49 | 51 | +4.1% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 92509 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 29 | +7.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 92509 in April 2024, up by 7.4% month-over-month. Of the 29 sold homes, 17% were sold under asking, 17% were sold at asking, and 66% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 26 Days | -56.0% |
Summary: Homes in 92509 had an average of 26 days on market in Apr 2024, down by 56% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 29 homes were sold in 92509; 76% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.