Is 92703, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 92703 has remained a Seller's Market.
Housing Prices in 92703, CA
How much do homes in 92703, CA cost?
Median Sold Price
$860,000
$525/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in 92703 was $860,000 in March 2024, up 8.2% from last month, and the median price per square foot was $525.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $551K | $372K | -32.5% |
2 Bedrooms | $660K | $1.9M | +195.5% |
3 Bedrooms | $795K | $752.5K | -5.3% |
4 Bedrooms | $799K | $800K | 0.1% |
5+ Bedrooms | $900K | $920K | +2.2% |
Summary: 92703 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 32.5%, 2 bedroom homes increased by 195.5%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 2.2%.
Housing Supply in 92703, CA
How many homes are available in 92703, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 35 | +2.9% |
Summary: The 92703 real estate market had 35 homes for sale in March 2024, a 2.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 92703 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 92703 in March 2024, up by 22.2% month-over-month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.
Days on Market for 92703, CA
How long does it take to sell a home in 92703, CA?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 Days | 24 Days | +237.2% |
Summary: Homes in 92703 had an average of 24 days on market in Mar 2024, up by 237.2% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in 92703; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.