Is 92672, 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, 92672 has remained a Seller's Market.
Housing Prices in 92672, CA
How much do homes in 92672, CA cost?
Median Sold Price
$1,615,000
$810/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92672 was $1,615,000 in April 2024, down 0.3% from last year, and the median price per square foot was $810.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $600K | $500K | -16.7% |
2 Bedrooms | $1.0M | $1.0M | -6.0% |
3 Bedrooms | $1.5M | $1.6M | +7.1% |
4 Bedrooms | $2.1M | $2.0M | -2.0% |
5+ Bedrooms | $3.4M | $2.9M | -17.0% |
Summary: 92672 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 17%.
Housing Supply in 92672, CA
How many homes are available in 92672, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
113 | 118 | +4.4% |
Summary: The 92672 real estate market had 118 homes for sale in April 2024, a 4.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 21 | 25 | +19.0% |
3 Bedrooms | 38 | 38 | 0.0% |
4 Bedrooms | 27 | 31 | +14.8% |
5+ Bedrooms | 24 | 22 | -8.3% |
Summary: The 92672 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 19%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 27 | -6.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 92672 in April 2024, down by 6.9% month-over-month. Of the 27 sold homes, 33% were sold under asking, 30% were sold at asking, and 37% were sold over asking.
Days on Market for 92672, CA
How long does it take to sell a home in 92672, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 29 Days | +46.9% |
Summary: Homes in 92672 had an average of 29 days on market in Apr 2024, up by 46.9% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in 92672; 78% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.