Is 92692, 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, 92692 has remained a Seller's Market.
Housing Prices in 92692, CA
How much do homes in 92692, CA cost?
Median Sold Price
$1,010,000
$592/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92692 was $1,010,000 in April 2024, up 7.4% from last year, and the median price per square foot was $592.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $510K | - | N/A |
2 Bedrooms | $750K | $787K | +4.9% |
3 Bedrooms | $922.5K | $1.0M | +8.4% |
4 Bedrooms | $1.3M | $1.4M | +7.8% |
5+ Bedrooms | $1.6M | $1.6M | +0.8% |
Summary: 92692 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 increased by 4.9%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 0.8%.
Housing Supply in 92692, CA
How many homes are available in 92692, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
126 | 138 | +9.5% |
Summary: The 92692 real estate market had 138 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 | 1 | +100.0% |
2 Bedrooms | 37 | 42 | +13.5% |
3 Bedrooms | 45 | 52 | +15.6% |
4 Bedrooms | 32 | 31 | -3.1% |
5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The 92692 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 40 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in 92692 in April 2024, the same as the previous month. Of the 40 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for 92692, CA
How long does it take to sell a home in 92692, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 17 Days | +2.9% |
Summary: Homes in 92692 had an average of 17 days on market in Apr 2024, up by 2.9% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 40 homes were sold in 92692; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.