Is 92832, 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, 92832 has remained a Seller's Market.
Housing Prices in 92832, CA
How much do homes in 92832, CA cost?
Median Sold Price
$812,500
$620/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92832 was $812,500 in April 2024, up 1.6% from last year, and the median price per square foot was $620.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $319K | $345K | +8.2% |
2 Bedrooms | $718K | $767.5K | +6.9% |
3 Bedrooms | $820K | $842.5K | +2.7% |
4 Bedrooms | $818K | $852.5K | +4.2% |
5+ Bedrooms | $1.5M | $1.0M | -27.6% |
Summary: 92832 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 27.6%.
Housing Supply in 92832, CA
How many homes are available in 92832, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 27 | +12.5% |
Summary: The 92832 real estate market had 27 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 92832 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 remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 92832 in April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 18% were sold under asking, 27% were sold at asking, and 55% were sold over asking.
Days on Market for 92832, CA
How long does it take to sell a home in 92832, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 17 Days | -15.8% |
Summary: Homes in 92832 had an average of 17 days on market in Apr 2024, down by 15.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in 92832; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.