Is 92802, 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, 92802 has remained a Seller's Market.
Housing Prices in 92802, CA
How much do homes in 92802, CA cost?
Median Sold Price
$845,000
$543/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92802 was $845,000 in March 2024, up 4.9% from last year, and the median price per square foot was $543.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $620K | $646.3K | +4.2% |
3 Bedrooms | $783.5K | $800K | +2.1% |
4 Bedrooms | $822.5K | $947.5K | +15.2% |
5+ Bedrooms | $930K | $1.0M | +9.7% |
Summary: 92802 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 9.7%.
Housing Supply in 92802, CA
How many homes are available in 92802, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 22 | -15.4% |
Summary: The 92802 real estate market had 22 homes for sale in March 2024, a 15.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 17 | 15 | -11.8% |
4 Bedrooms | 7 | 3 | -57.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 92802 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 increased by 200%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 7 | -22.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 92802 in March 2024, down by 22.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for 92802, CA
How long does it take to sell a home in 92802, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 24 Days | -43.9% |
Summary: Homes in 92802 had an average of 24 days on market in Mar 2024, down by 43.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in 92802; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.