Is 92612, 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, 92612 has remained a Seller's Market.
Housing Prices in 92612, CA
How much do homes in 92612, CA cost?
Median Sold Price
$1,050,000
$725/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92612 was $1,050,000 in April 2024, up 5% from last year, and the median price per square foot was $725.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $582.5K | $650K | +11.6% |
2 Bedrooms | $870K | $980K | +12.6% |
3 Bedrooms | $1.1M | $1.2M | +14.6% |
4 Bedrooms | $1.3M | $1.6M | +23.5% |
5+ Bedrooms | $1.8M | $2.4M | +36.1% |
Summary: 92612 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.6%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 36.1%.
Housing Supply in 92612, CA
How many homes are available in 92612, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 62 | +14.8% |
Summary: The 92612 real estate market had 62 homes for sale in April 2024, a 14.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 14 | +133.3% |
2 Bedrooms | 28 | 24 | -14.3% |
3 Bedrooms | 15 | 20 | +33.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 92612 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 133.3%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 19 | -13.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 92612 in April 2024, down by 13.6% month-over-month. Of the 19 sold homes, 37% were sold under asking, 11% were sold at asking, and 53% were sold over asking.
Days on Market for 92612, CA
How long does it take to sell a home in 92612, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 18 Days | -4.2% |
Summary: Homes in 92612 had an average of 18 days on market in Apr 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in 92612; 79% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.