Is 92604, 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, 92604 has remained a Seller's Market.
Housing Prices in 92604, CA
How much do homes in 92604, CA cost?
Median Sold Price
$1,310,000
$766/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92604 was $1,310,000 in April 2024, up 19.1% from last year, and the median price per square foot was $766.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $862.5K | $872K | +1.1% |
3 Bedrooms | $1.0M | $1.2M | +19.0% |
4 Bedrooms | $1.3M | $1.6M | +15.4% |
5+ Bedrooms | $1.7M | $1.8M | +6.1% |
Summary: 92604 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 6.1%.
Housing Supply in 92604, CA
How many homes are available in 92604, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 33 | -32.7% |
Summary: The 92604 real estate market had 33 homes for sale in April 2024, a 32.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 22 | 13 | -40.9% |
4 Bedrooms | 14 | 8 | -42.9% |
5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The 92604 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 40.9%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 9 | -60.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 92604 in April 2024, down by 60.9% month-over-month. Of the 9 sold homes, 11% were sold under asking, 33% were sold at asking, and 56% were sold over asking.
Days on Market for 92604, CA
How long does it take to sell a home in 92604, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
8 Days | 4 Days | -47.7% |
Summary: Homes in 92604 had an average of 4 days on market in Apr 2024, down by 47.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in 92604; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.