Is 92563, 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, 92563 has remained a Seller's Market.
Housing Prices in 92563, CA
How much do homes in 92563, CA cost?
Median Sold Price
$659,000
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92563 was $659,000 in March 2024, up 1.4% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $340K | $311.5K | -8.4% |
2 Bedrooms | $422.5K | $450K | +6.5% |
3 Bedrooms | $580K | $605K | +4.3% |
4 Bedrooms | $669K | $685K | +2.4% |
5+ Bedrooms | $750K | $730K | -2.7% |
Summary: 92563 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 2.7%.
Housing Supply in 92563, CA
How many homes are available in 92563, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
163 | 158 | -3.1% |
Summary: The 92563 real estate market had 158 homes for sale in March 2024, a 3.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 19 | 15 | -21.1% |
3 Bedrooms | 46 | 53 | +15.2% |
4 Bedrooms | 59 | 49 | -16.9% |
5+ Bedrooms | 39 | 39 | 0.0% |
Summary: The 92563 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes increased by 15.2%, 4 bedroom homes decreased by 16.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 49 | 0.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in 92563 in March 2024, the same as the previous month. Of the 49 sold homes, 37% were sold under asking, 16% were sold at asking, and 47% were sold over asking.
Days on Market for 92563, CA
How long does it take to sell a home in 92563, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 22 Days | -38.9% |
Summary: Homes in 92563 had an average of 22 days on market in Mar 2024, down by 38.9% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 49 homes were sold in 92563; 73% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.