Is 92844, 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, 92844 has remained a Seller's Market.
Housing Prices in 92844, CA
How much do homes in 92844, CA cost?
Median Sold Price
$721,500
$525/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92844 was $721,500 in April 2024, up 9.2% from last year, and the median price per square foot was $525.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $475K | $440K | -7.4% |
2 Bedrooms | $575.7K | $580K | +0.7% |
3 Bedrooms | $696.5K | $791K | +13.6% |
4 Bedrooms | $970K | $988.9K | +2.0% |
5+ Bedrooms | $941.9K | $1.6M | +78.2% |
Summary: 92844 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 78.2%.
Housing Supply in 92844, CA
How many homes are available in 92844, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 18 | -5.3% |
Summary: The 92844 real estate market had 18 homes for sale in April 2024, a 5.3% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 13 | 12 | -7.7% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 92844 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 7.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 92844 in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.
Days on Market for 92844, CA
How long does it take to sell a home in 92844, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 22 Days | -34.9% |
Summary: Homes in 92844 had an average of 22 days on market in Apr 2024, down by 34.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 92844; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.