Is 92661, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 92661 was a Seller's Market.
Housing Prices in 92661, CA
How much do homes in 92661, CA cost?
Median Sold Price
$5,274,500
$2,072/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92661 was $5,274,500 in April 2024, up 17.3% from last year, and the median price per square foot was $2,072.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $2.6M | $2.5M | -1.9% |
3 Bedrooms | $4.4M | $3.3M | -24.6% |
4 Bedrooms | $4.5M | $6.6M | +44.3% |
5+ Bedrooms | $6.5M | $6.0M | -8.0% |
Summary: 92661 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 decreased by 1.9%, 3 bedroom homes decreased by 24.6%, 4 bedroom homes increased by 44.3%, and 5+ bedroom homes decreased by 8%.
Housing Supply in 92661, CA
How many homes are available in 92661, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 46 | +9.5% |
Summary: The 92661 real estate market had 46 homes for sale in April 2024, a 9.5% increase 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 | 3 | 2 | -33.3% |
3 Bedrooms | 12 | 17 | +41.7% |
4 Bedrooms | 15 | 12 | -20.0% |
5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The 92661 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 decreased by 33.3%, 3 bedroom homes increased by 41.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 92661 in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for 92661, CA
How long does it take to sell a home in 92661, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
122 Days | 65 Days | -46.5% |
Summary: Homes in 92661 had an average of 65 days on market in Apr 2024, down by 46.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 92661; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.