Is 92801, 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, 92801 has remained a Seller's Market.
Housing Prices in 92801, CA
How much do homes in 92801, CA cost?
Median Sold Price
$805,000
$542/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92801 was $805,000 in April 2024, up 9.5% from last year, and the median price per square foot was $542.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $377.5K | $392.4K | +4.0% |
2 Bedrooms | $567.5K | $612.5K | +7.9% |
3 Bedrooms | $745K | $800K | +7.4% |
4 Bedrooms | $815K | $863.6K | +6.0% |
5+ Bedrooms | $1.1M | $1.1M | +2.3% |
Summary: 92801 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 2.3%.
Housing Supply in 92801, CA
How many homes are available in 92801, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 50 | +28.2% |
Summary: The 92801 real estate market had 50 homes for sale in April 2024, a 28.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 5 | 9 | +80.0% |
3 Bedrooms | 21 | 25 | +19.0% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 92801 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 80%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 92801 in April 2024, up by 40.0% month-over-month. Of the 14 sold homes, 29% were sold under asking, 21% were sold at asking, and 50% were sold over asking.
Days on Market for 92801, CA
How long does it take to sell a home in 92801, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 22 Days | -34.1% |
Summary: Homes in 92801 had an average of 22 days on market in Apr 2024, down by 34.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in 92801; 86% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.