Is 92646, 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, 92646 has remained a Seller's Market.
Housing Prices in 92646, CA
How much do homes in 92646, CA cost?
Median Sold Price
$1,178,000
$680/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92646 was $1,178,000 in March 2024, up 10.1% from last year, and the median price per square foot was $680.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $505K | $525K | +4.0% |
2 Bedrooms | $675K | $734K | +8.7% |
3 Bedrooms | $1.0M | $1.1M | +4.8% |
4 Bedrooms | $1.3M | $1.4M | +3.9% |
5+ Bedrooms | $1.5M | $1.5M | 0.5% |
Summary: 92646 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in 92646, CA
How many homes are available in 92646, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
121 | 106 | -12.4% |
Summary: The 92646 real estate market had 106 homes for sale in March 2024, a 12.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 11 | 0.0% |
2 Bedrooms | 31 | 24 | -22.6% |
3 Bedrooms | 28 | 29 | +3.6% |
4 Bedrooms | 36 | 26 | -27.8% |
5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The 92646 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 decreased by 22.6%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 45 | +18.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in 92646 in March 2024, up by 18.4% month-over-month. Of the 45 sold homes, 38% were sold under asking, 24% were sold at asking, and 38% were sold over asking.
Days on Market for 92646, CA
How long does it take to sell a home in 92646, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 41 Days | +44.9% |
Summary: Homes in 92646 had an average of 41 days on market in Mar 2024, up by 44.9% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 45 homes were sold in 92646; 62% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.