Is 92821, 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, 92821 has remained a Seller's Market.
Housing Prices in 92821, CA
How much do homes in 92821, CA cost?
Median Sold Price
$977,500
$546/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 92821 was $977,500 in March 2024, up 3.4% from last year, and the median price per square foot was $546.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $447.5K | $465K | +3.9% |
2 Bedrooms | $640K | $640K | 0.0% |
3 Bedrooms | $875K | $925K | +5.7% |
4 Bedrooms | $1.0M | $1.0M | +3.4% |
5+ Bedrooms | $1.2M | $1.3M | +6.3% |
Summary: 92821 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes did not change, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in 92821, CA
How many homes are available in 92821, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 48 | -2.0% |
Summary: The 92821 real estate market had 48 homes for sale in March 2024, a 2.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 15 | 19 | +26.7% |
4 Bedrooms | 17 | 18 | +5.9% |
5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The 92821 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 16 | -5.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 92821 in March 2024, down by 5.9% month-over-month. Of the 16 sold homes, 13% were sold under asking, 6% were sold at asking, and 81% were sold over asking.
Days on Market for 92821, CA
How long does it take to sell a home in 92821, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
35 Days | 17 Days | -51.5% |
Summary: Homes in 92821 had an average of 17 days on market in Mar 2024, down by 51.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in 92821; 94% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.