Is 92679, 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, 92679 has remained a Seller's Market.
Housing Prices in 92679, CA
How much do homes in 92679, CA cost?
Median Sold Price
$1,420,000
$572/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92679 was $1,420,000 in March 2024, up 8.9% from last year, and the median price per square foot was $572.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $439K | $475.5K | +8.3% |
2 Bedrooms | $700K | $755K | +7.9% |
3 Bedrooms | $1.0M | $1.0M | +0.7% |
4 Bedrooms | $1.4M | $1.5M | +5.1% |
5+ Bedrooms | $1.8M | $2.1M | +14.6% |
Summary: 92679 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 14.6%.
Housing Supply in 92679, CA
How many homes are available in 92679, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
132 | 141 | +6.8% |
Summary: The 92679 real estate market had 141 homes for sale in March 2024, a 6.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 20 | 23 | +15.0% |
3 Bedrooms | 22 | 25 | +13.6% |
4 Bedrooms | 46 | 48 | +4.3% |
5+ Bedrooms | 44 | 44 | 0.0% |
Summary: The 92679 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 48 | +54.8% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in 92679 in March 2024, up by 54.8% month-over-month. Of the 48 sold homes, 35% were sold under asking, 10% were sold at asking, and 54% were sold over asking.
Days on Market for 92679, CA
How long does it take to sell a home in 92679, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 22 Days | -48.1% |
Summary: Homes in 92679 had an average of 22 days on market in Mar 2024, down by 48.1% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 48 homes were sold in 92679; 79% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.