Is 92595, 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, 92595 has remained a Seller's Market.
Housing Prices in 92595, CA
How much do homes in 92595, CA cost?
Median Sold Price
$635,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92595 was $635,000 in March 2024, up 4.1% from 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 | $527.5K | - | N/A |
2 Bedrooms | $422K | $440K | +4.3% |
3 Bedrooms | $570K | $579.3K | +1.6% |
4 Bedrooms | $610.5K | $625K | +2.4% |
5+ Bedrooms | $670K | $695K | +3.7% |
Summary: 92595 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 4.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 3.7%.
Housing Supply in 92595, CA
How many homes are available in 92595, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
71 | 77 | +8.5% |
Summary: The 92595 real estate market had 77 homes for sale in March 2024, a 8.5% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 24 | 18 | -25.0% |
4 Bedrooms | 34 | 40 | +17.6% |
5+ Bedrooms | 11 | 16 | +45.5% |
Summary: The 92595 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 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 45.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 26 | +36.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 92595 in March 2024, up by 36.8% month-over-month. Of the 26 sold homes, 46% were sold under asking, 12% were sold at asking, and 42% were sold over asking.
Days on Market for 92595, CA
How long does it take to sell a home in 92595, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 52 Days | +115.8% |
Summary: Homes in 92595 had an average of 52 days on market in Mar 2024, up by 115.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in 92595; 69% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.