Is 92583, 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, 92583 has remained a Seller's Market.
Housing Prices in 92583, CA
How much do homes in 92583, CA cost?
Median Sold Price
$437,666
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92583 was $437,666 in April 2024, up 1.8% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $272.5K | $90K | -67.0% |
2 Bedrooms | $315K | $305K | -3.2% |
3 Bedrooms | $430K | $432.6K | +0.6% |
4 Bedrooms | $480K | $476K | -0.8% |
5+ Bedrooms | $515K | $510K | -1.0% |
Summary: 92583 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 67%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 1%.
Housing Supply in 92583, CA
How many homes are available in 92583, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 | 75 | +8.7% |
Summary: The 92583 real estate market had 75 homes for sale in April 2024, a 8.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 14 | 16 | +14.3% |
3 Bedrooms | 25 | 30 | +20.0% |
4 Bedrooms | 21 | 20 | -4.8% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 92583 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 18 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 92583 in April 2024, the same as the previous month. Of the 18 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for 92583, CA
How long does it take to sell a home in 92583, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 29 Days | -19.8% |
Summary: Homes in 92583 had an average of 29 days on market in Apr 2024, down by 19.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in 92583; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.