Is 92808, 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, 92808 has remained a Seller's Market.
Housing Prices in 92808, CA
How much do homes in 92808, CA cost?
Median Sold Price
$1,000,000
$588/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92808 was $1,000,000 in April 2024, up 14.3% from last year, and the median price per square foot was $588.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $512K | $565K | +10.4% |
2 Bedrooms | $659K | $700K | +6.2% |
3 Bedrooms | $847.5K | $932K | +10.0% |
4 Bedrooms | $1.3M | $1.3M | +0.8% |
5+ Bedrooms | $1.6M | $1.7M | +7.9% |
Summary: 92808 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 7.9%.
Housing Supply in 92808, CA
How many homes are available in 92808, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 41 | -8.9% |
Summary: The 92808 real estate market had 41 homes for sale in April 2024, a 8.9% decrease 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 | 11 | 8 | -27.3% |
3 Bedrooms | 14 | 11 | -21.4% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 92808 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 decreased by 27.3%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 11 | -31.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 92808 in April 2024, down by 31.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.
Days on Market for 92808, CA
How long does it take to sell a home in 92808, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 27 Days | +30.6% |
Summary: Homes in 92808 had an average of 27 days on market in Apr 2024, up by 30.6% compared to last year.
Breakdown of Home Sale Times
7 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, 11 homes were sold in 92808; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.