Is 92823, 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, 92823 has remained a Seller's Market.
Housing Prices in 92823, CA
How much do homes in 92823, CA cost?
Median Sold Price
$1,252,500
$571/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92823 was $1,252,500 in April 2024, down 1.3% from last year, and the median price per square foot was $571.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $1.2M | N/A |
2 Bedrooms | $1.1M | $893K | -18.8% |
3 Bedrooms | $1.1M | $1.0M | -5.9% |
4 Bedrooms | $1.3M | $1.3M | +3.7% |
5+ Bedrooms | $1.9M | $1.7M | -5.9% |
Summary: 92823 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 decreased by 18.8%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 5.9%.
Housing Supply in 92823, CA
How many homes are available in 92823, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Summary: The 92823 real estate market had 10 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 92823 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 92823 in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 92823, CA
How long does it take to sell a home in 92823, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 38 Days | +81.0% |
Summary: Homes in 92823 had an average of 38 days on market in Apr 2024, up by 81% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in 92823; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.