Is 92624, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 92624 was a Seller's Market.
Housing Prices in 92624, CA
How much do homes in 92624, CA cost?
Median Sold Price
$1,575,000
$810/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92624 was $1,575,000 in April 2024, down 7.4% from last year, and the median price per square foot was $810.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $464.5K | $498K | +7.2% |
2 Bedrooms | $1.0M | $1.3M | +37.0% |
3 Bedrooms | $1.4M | $1.5M | +9.4% |
4 Bedrooms | $2.0M | $1.7M | -14.8% |
5+ Bedrooms | $3.5M | $3.0M | -16.1% |
Summary: 92624 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes increased by 37%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes decreased by 16.1%.
Housing Supply in 92624, CA
How many homes are available in 92624, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 45 | +12.5% |
Summary: The 92624 real estate market had 45 homes for sale in April 2024, a 12.5% increase 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 | 3 | 5 | +66.7% |
3 Bedrooms | 14 | 15 | +7.1% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 92624 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 66.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 92624 in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for 92624, CA
How long does it take to sell a home in 92624, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 42 Days | +11.6% |
Summary: Homes in 92624 had an average of 42 days on market in Apr 2024, up by 11.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 92624; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.