Is 92657, 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, 92657 has remained a Seller's Market.
Housing Prices in 92657, CA
How much do homes in 92657, CA cost?
Median Sold Price
$3,845,750
$1,279/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92657 was $3,845,750 in March 2024, up 1.3% from last year, and the median price per square foot was $1,279.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $1.5M | $1.4M | -6.7% |
3 Bedrooms | $1.8M | $2.1M | +14.8% |
4 Bedrooms | $3.8M | $4.5M | +17.2% |
5+ Bedrooms | $10.5M | $8.5M | -19.0% |
Summary: 92657 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes decreased by 19%.
Housing Supply in 92657, CA
How many homes are available in 92657, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 49 | +22.5% |
Summary: The 92657 real estate market had 49 homes for sale in March 2024, a 22.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 9 | 14 | +55.6% |
5+ Bedrooms | 24 | 27 | +12.5% |
Summary: The 92657 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 increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 9 | +350.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 92657 in March 2024, up by 350.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for 92657, CA
How long does it take to sell a home in 92657, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
89 Days | 47 Days | -46.6% |
Summary: Homes in 92657 had an average of 47 days on market in Mar 2024, down by 46.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 92657; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.