Is 92688, 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, 92688 has remained a Seller's Market.
Housing Prices in 92688, CA
How much do homes in 92688, CA cost?
Median Sold Price
$876,066
$618/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92688 was $876,066 in April 2024, up 7% from last year, and the median price per square foot was $618.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $420K | $455K | +8.3% |
2 Bedrooms | $600K | $640K | +6.7% |
3 Bedrooms | $866.2K | $955K | +10.2% |
4 Bedrooms | $1.1M | $1.2M | +11.3% |
5+ Bedrooms | $1.3M | $1.4M | +6.2% |
Summary: 92688 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 6.2%.
Housing Supply in 92688, CA
How many homes are available in 92688, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
94 | 97 | +3.2% |
Summary: The 92688 real estate market had 97 homes for sale in April 2024, a 3.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 35 | 40 | +14.3% |
3 Bedrooms | 34 | 30 | -11.8% |
4 Bedrooms | 19 | 19 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 92688 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 39 | +14.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in 92688 in April 2024, up by 14.7% month-over-month. Of the 39 sold homes, 13% were sold under asking, 10% were sold at asking, and 77% were sold over asking.
Days on Market for 92688, CA
How long does it take to sell a home in 92688, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 9 Days | -70.2% |
Summary: Homes in 92688 had an average of 9 days on market in Apr 2024, down by 70.2% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 39 homes were sold in 92688; 97% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.