Is 92582, 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, 92582 has remained a Seller's Market.
Housing Prices in 92582, CA
How much do homes in 92582, CA cost?
Median Sold Price
$496,000
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92582 was $496,000 in March 2024, down 0.6% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $370K | $377.5K | +2.0% |
3 Bedrooms | $460K | $450K | -2.2% |
4 Bedrooms | $500K | $500K | 0.0% |
5+ Bedrooms | $532K | $530K | -0.4% |
Summary: 92582 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 2%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 0.4%.
Housing Supply in 92582, CA
How many homes are available in 92582, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 57 | +16.3% |
Summary: The 92582 real estate market had 57 homes for sale in March 2024, a 16.3% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 20 | 21 | +5.0% |
4 Bedrooms | 18 | 19 | +5.6% |
5+ Bedrooms | 10 | 15 | +50.0% |
Summary: The 92582 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 100%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 92582 in March 2024, up by 25.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 92582, CA
How long does it take to sell a home in 92582, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
68 Days | 37 Days | -44.9% |
Summary: Homes in 92582 had an average of 37 days on market in Mar 2024, down by 44.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in 92582; 60% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.