Is 92649, 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, 92649 has remained a Seller's Market.
Housing Prices in 92649, CA
How much do homes in 92649, CA cost?
Median Sold Price
$1,270,250
$765/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92649 was $1,270,250 in April 2024, up 10.1% from last year, and the median price per square foot was $765.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $550K | $585K | +6.4% |
2 Bedrooms | $679K | $769.5K | +13.3% |
3 Bedrooms | $1.1M | $1.2M | +10.7% |
4 Bedrooms | $1.5M | $1.8M | +19.9% |
5+ Bedrooms | $2.9M | $2.9M | 0.4% |
Summary: 92649 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 19.9%, and 5+ bedroom homes increased by 0.4%.
Housing Supply in 92649, CA
How many homes are available in 92649, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
101 | 97 | -4.0% |
Summary: The 92649 real estate market had 97 homes for sale in April 2024, a 4.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 7 | -36.4% |
2 Bedrooms | 15 | 14 | -6.7% |
3 Bedrooms | 37 | 33 | -10.8% |
4 Bedrooms | 27 | 30 | +11.1% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The 92649 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 36.4%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 32 | +18.5% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in 92649 in April 2024, up by 18.5% month-over-month. Of the 32 sold homes, 53% were sold under asking, 9% were sold at asking, and 38% were sold over asking.
Days on Market for 92649, CA
How long does it take to sell a home in 92649, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 31 Days | +29.6% |
Summary: Homes in 92649 had an average of 31 days on market in Apr 2024, up by 29.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in 92649; 63% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.