Is 92626, 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, 92626 has remained a Seller's Market.
Housing Prices in 92626, CA
How much do homes in 92626, CA cost?
Median Sold Price
$1,300,070
$704/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92626 was $1,300,070 in April 2024, up 10.6% from last year, and the median price per square foot was $704.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $625K | - | N/A |
2 Bedrooms | $702K | $740K | +5.4% |
3 Bedrooms | $1.1M | $1.1M | +7.8% |
4 Bedrooms | $1.2M | $1.3M | +10.0% |
5+ Bedrooms | $1.5M | $1.7M | +19.1% |
Summary: 92626 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 5.4%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 19.1%.
Housing Supply in 92626, CA
How many homes are available in 92626, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
77 | 75 | -2.6% |
Summary: The 92626 real estate market had 75 homes for sale in April 2024, a 2.6% 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 | 8 | +14.3% |
3 Bedrooms | 36 | 37 | +2.8% |
4 Bedrooms | 23 | 18 | -21.7% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The 92626 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 14.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 31 | +40.9% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in 92626 in April 2024, up by 40.9% month-over-month. Of the 31 sold homes, 42% were sold under asking, 6% were sold at asking, and 52% were sold over asking.
Days on Market for 92626, CA
How long does it take to sell a home in 92626, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 26 Days | -14.8% |
Summary: Homes in 92626 had an average of 26 days on market in Apr 2024, down by 14.8% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in 92626; 74% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.