Is 92866, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92866 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 92866 has remained a Seller's Market.

Key Takeaway

92866 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92866, CA

How much do homes in 92866, CA cost?

Median Sold Price

$1,050,000

$720/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$60,000(+6.1%)

Key Takeaway

Homes in 92866 have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in 92866 was $1,050,000 in April 2024, up 6.1% from last year, and the median price per square foot was $720.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $515K$435K
-15.5%
2 $957.5K$830K
-13.3%
3 $979K$1.0M
+11.4%
4 $1.0M$1.1M
+8.9%
5+ $1.1M$1.4M
+32.1%

Summary: 92866 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.5%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 32.1%.

Median Sold Price Compared To Nearby Zip Codes

92867
+10.1%
92705
+7.1%
92869
+6.4%
92866
+6.1%
92868
+2.7%

Housing Supply in 92866, CA

How many homes are available in 92866, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
17170.0%

Summary: The 92866 real estate market had 17 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 23
+50.0%
3 108
-20.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The 92866 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 increased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92866, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 92866 in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for 92866, CA

How long does it take to sell a home in 92866, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
80 Days13 Days-83.1%

Summary: Homes in 92866 had an average of 13 days on market in Apr 2024, down by 83.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92866 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in 92866; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 92866, CA

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