Is 92708, 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, 92708 has remained a Seller's Market.
Housing Prices in 92708, CA
How much do homes in 92708, CA cost?
Median Sold Price
$1,230,000
$628/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92708 was $1,230,000 in April 2024, up 12.5% from last year, and the median price per square foot was $628.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $424K | $460K | +8.5% |
2 Bedrooms | $581K | $570K | -1.9% |
3 Bedrooms | $875K | $955K | +9.1% |
4 Bedrooms | $1.2M | $1.3M | +12.5% |
5+ Bedrooms | $1.3M | $1.4M | +15.3% |
Summary: 92708 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 15.3%.
Housing Supply in 92708, CA
How many homes are available in 92708, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 78 | -6.0% |
Summary: The 92708 real estate market had 78 homes for sale in April 2024, a 6.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 28 | 20 | -28.6% |
4 Bedrooms | 34 | 35 | +2.9% |
5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The 92708 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 31 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in 92708 in April 2024, the same as the previous month. Of the 31 sold homes, 23% were sold under asking, 6% were sold at asking, and 71% were sold over asking.
Days on Market for 92708, CA
How long does it take to sell a home in 92708, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 14 Days | -51.7% |
Summary: Homes in 92708 had an average of 14 days on market in Apr 2024, down by 51.7% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in 92708; 90% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.