Is 92707, 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, 92707 has remained a Seller's Market.
Housing Prices in 92707, CA
How much do homes in 92707, CA cost?
Median Sold Price
$675,000
$576/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92707 was $675,000 in March 2024, up 3.1% from last year, and the median price per square foot was $576.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $392.5K | $396.5K | +1.0% |
2 Bedrooms | $495K | $526K | +6.3% |
3 Bedrooms | $685K | $712K | +3.9% |
4 Bedrooms | $850K | $838K | -1.4% |
5+ Bedrooms | $1.0M | $1.7M | +65.9% |
Summary: 92707 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 65.9%.
Housing Supply in 92707, CA
How many homes are available in 92707, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 29 | -12.1% |
Summary: The 92707 real estate market had 29 homes for sale in March 2024, a 12.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 6 | -14.3% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 15 | 10 | -33.3% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 92707 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 92707 in March 2024, the same as the previous month. Of the 7 sold homes, 0% were sold under asking, 29% were sold at asking, and 71% were sold over asking.
Days on Market for 92707, CA
How long does it take to sell a home in 92707, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 18 Days | -58.0% |
Summary: Homes in 92707 had an average of 18 days on market in Mar 2024, down by 58% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in 92707; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.