Is 92691, 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, 92691 has remained a Seller's Market.
Housing Prices in 92691, CA
How much do homes in 92691, CA cost?
Median Sold Price
$1,101,666
$622/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92691 was $1,101,666 in April 2024, up 7.1% from last year, and the median price per square foot was $622.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $424K | $435.5K | +2.7% |
2 Bedrooms | $563K | $600K | +6.6% |
3 Bedrooms | $999.9K | $1.0M | +6.8% |
4 Bedrooms | $1.1M | $1.2M | +6.5% |
5+ Bedrooms | $1.3M | $1.4M | +9.2% |
Summary: 92691 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 9.2%.
Housing Supply in 92691, CA
How many homes are available in 92691, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
96 | 91 | -5.2% |
Summary: The 92691 real estate market had 91 homes for sale in April 2024, a 5.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 24 | 22 | -8.3% |
3 Bedrooms | 24 | 28 | +16.7% |
4 Bedrooms | 27 | 27 | 0.0% |
5+ Bedrooms | 15 | 8 | -46.7% |
Summary: The 92691 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 8.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 46.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 36 | +9.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in 92691 in April 2024, up by 9.1% month-over-month. Of the 36 sold homes, 28% were sold under asking, 17% were sold at asking, and 56% were sold over asking.
Days on Market for 92691, CA
How long does it take to sell a home in 92691, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 13 Days | -53.6% |
Summary: Homes in 92691 had an average of 13 days on market in Apr 2024, down by 53.6% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 36 homes were sold in 92691; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.