Is 92807, 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, 92807 has remained a Seller's Market.
Housing Prices in 92807, CA
How much do homes in 92807, CA cost?
Median Sold Price
$1,022,000
$543/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92807 was $1,022,000 in April 2024, up 9.9% from last year, and the median price per square foot was $543.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $657.5K | $667.5K | +1.5% |
3 Bedrooms | $875K | $926K | +5.8% |
4 Bedrooms | $1.1M | $1.2M | +12.1% |
5+ Bedrooms | $1.3M | $1.6M | +23.0% |
Summary: 92807 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 23%.
Housing Supply in 92807, CA
How many homes are available in 92807, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
86 | 83 | -3.5% |
Summary: The 92807 real estate market had 83 homes for sale in April 2024, a 3.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 35 | 29 | -17.1% |
4 Bedrooms | 25 | 28 | +12.0% |
5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The 92807 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 20 | -39.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 92807 in April 2024, down by 39.4% month-over-month. Of the 20 sold homes, 45% were sold under asking, 5% were sold at asking, and 50% were sold over asking.
Days on Market for 92807, CA
How long does it take to sell a home in 92807, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 25 Days | -50.1% |
Summary: Homes in 92807 had an average of 25 days on market in Apr 2024, down by 50.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in 92807; 85% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.