Is 92553, 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, 92553 has remained a Seller's Market.
Housing Prices in 92553, CA
How much do homes in 92553, CA cost?
Median Sold Price
$500,000
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92553 was $500,000 in April 2024, up 3.3% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | - | N/A |
2 Bedrooms | $409K | $445K | +8.8% |
3 Bedrooms | $475K | $492.5K | +3.7% |
4 Bedrooms | $510K | $530K | +3.9% |
5+ Bedrooms | $565K | $615K | +8.8% |
Summary: 92553 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 8.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 8.8%.
Housing Supply in 92553, CA
How many homes are available in 92553, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
87 | 80 | -8.0% |
Summary: The 92553 real estate market had 80 homes for sale in April 2024, a 8.0% decrease 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 | 11 | 9 | -18.2% |
3 Bedrooms | 40 | 36 | -10.0% |
4 Bedrooms | 27 | 26 | -3.7% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 92553 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 decreased by 18.2%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 25 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 92553 in April 2024, down by 16.7% month-over-month. Of the 25 sold homes, 16% were sold under asking, 16% were sold at asking, and 68% were sold over asking.
Days on Market for 92553, CA
How long does it take to sell a home in 92553, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 19 Days | -59.7% |
Summary: Homes in 92553 had an average of 19 days on market in Apr 2024, down by 59.7% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in 92553; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.