Is 92780, 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, 92780 has remained a Seller's Market.
Housing Prices in 92780, CA
How much do homes in 92780, CA cost?
Median Sold Price
$1,050,000
$595/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92780 was $1,050,000 in April 2024, up 12.9% from last year, and the median price per square foot was $595.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $419K | $465K | +11.0% |
2 Bedrooms | $550K | $565K | +2.7% |
3 Bedrooms | $920.5K | $891K | -3.2% |
4 Bedrooms | $1.0M | $1.2M | +13.7% |
5+ Bedrooms | $1.2M | $1.4M | +15.1% |
Summary: 92780 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11%, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 15.1%.
Housing Supply in 92780, CA
How many homes are available in 92780, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 58 | -4.9% |
Summary: The 92780 real estate market had 58 homes for sale in April 2024, a 4.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 14 | 14 | 0.0% |
3 Bedrooms | 20 | 20 | 0.0% |
4 Bedrooms | 21 | 15 | -28.6% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 92780 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 22 | -12.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 92780 in April 2024, down by 12.0% month-over-month. Of the 22 sold homes, 14% were sold under asking, 9% were sold at asking, and 77% were sold over asking.
Days on Market for 92780, CA
How long does it take to sell a home in 92780, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 18 Days | -48.9% |
Summary: Homes in 92780 had an average of 18 days on market in Apr 2024, down by 48.9% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 92780; 82% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.