Is 92647, 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, 92647 has remained a Seller's Market.
Housing Prices in 92647, CA
How much do homes in 92647, CA cost?
Median Sold Price
$1,103,375
$693/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92647 was $1,103,375 in April 2024, up 1.2% from last year, and the median price per square foot was $693.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $437K | $430.5K | -1.5% |
2 Bedrooms | $540.5K | $600K | +11.0% |
3 Bedrooms | $1.0M | $1.0M | +4.2% |
4 Bedrooms | $1.2M | $1.2M | +2.5% |
5+ Bedrooms | $1.3M | $1.4M | +5.7% |
Summary: 92647 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 5.7%.
Housing Supply in 92647, CA
How many homes are available in 92647, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 68 | +1.5% |
Summary: The 92647 real estate market had 68 homes for sale in April 2024, a 1.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 23 | 27 | +17.4% |
4 Bedrooms | 27 | 25 | -7.4% |
5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The 92647 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 33.3%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 28 | +21.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in 92647 in April 2024, up by 21.7% month-over-month. Of the 28 sold homes, 29% were sold under asking, 11% were sold at asking, and 61% were sold over asking.
Days on Market for 92647, CA
How long does it take to sell a home in 92647, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 10 Days | -65.0% |
Summary: Homes in 92647 had an average of 10 days on market in Apr 2024, down by 65% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in 92647; 96% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.