Is 92545, 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, 92545 has remained a Seller's Market.
Housing Prices in 92545, CA
How much do homes in 92545, CA cost?
Median Sold Price
$434,642
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92545 was $434,642 in March 2024, down 0.7% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $156K | $132.4K | -15.1% |
2 Bedrooms | $329K | $348.3K | +5.9% |
3 Bedrooms | $435K | $431.5K | -0.8% |
4 Bedrooms | $495K | $500K | +1.0% |
5+ Bedrooms | $537.5K | $525.2K | -2.3% |
Summary: 92545 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.1%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 2.3%.
Housing Supply in 92545, CA
How many homes are available in 92545, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
171 | 175 | +2.3% |
Summary: The 92545 real estate market had 175 homes for sale in March 2024, a 2.3% 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 | 66 | 72 | +9.1% |
3 Bedrooms | 67 | 68 | +1.5% |
4 Bedrooms | 30 | 25 | -16.7% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 92545 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 increased by 9.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 47 | +14.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in 92545 in March 2024, up by 14.6% month-over-month. Of the 47 sold homes, 34% were sold under asking, 26% were sold at asking, and 40% were sold over asking.
Days on Market for 92545, CA
How long does it take to sell a home in 92545, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 30 Days | -37.3% |
Summary: Homes in 92545 had an average of 30 days on market in Mar 2024, down by 37.3% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 47 homes were sold in 92545; 66% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.