Is 92584, 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, 92584 has remained a Seller's Market.
Housing Prices in 92584, CA
How much do homes in 92584, CA cost?
Median Sold Price
$600,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92584 was $600,000 in March 2024, the same as last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $530K | - | N/A |
2 Bedrooms | $522.9K | $515K | -1.5% |
3 Bedrooms | $550K | $563.7K | +2.5% |
4 Bedrooms | $618K | $629.9K | +1.9% |
5+ Bedrooms | $670K | $670K | 0.0% |
Summary: 92584 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 decreased by 1.5%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes did not change.
Housing Supply in 92584, CA
How many homes are available in 92584, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
206 | 223 | +8.3% |
Summary: The 92584 real estate market had 223 homes for sale in March 2024, a 8.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 17 | 15 | -11.8% |
3 Bedrooms | 77 | 85 | +10.4% |
4 Bedrooms | 79 | 84 | +6.3% |
5+ Bedrooms | 32 | 38 | +18.8% |
Summary: The 92584 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 decreased by 11.8%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 59 | +37.2% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Summary: A total of 59 homes were sold or pending in 92584 in March 2024, up by 37.2% month-over-month. Of the 59 sold homes, 27% were sold under asking, 15% were sold at asking, and 58% were sold over asking.
Days on Market for 92584, CA
How long does it take to sell a home in 92584, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
64 Days | 29 Days | -54.2% |
Summary: Homes in 92584 had an average of 29 days on market in Mar 2024, down by 54.2% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 59 homes were sold in 92584; 68% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.