Is 92880, 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, 92880 has remained a Seller's Market.
Housing Prices in 92880, CA
How much do homes in 92880, CA cost?
Median Sold Price
$865,000
$326/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92880 was $865,000 in April 2024, up 3.4% from last year, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $560.4K | $543.5K | -3.0% |
3 Bedrooms | $700K | $700K | 0.0% |
4 Bedrooms | $790K | $835K | +5.7% |
5+ Bedrooms | $915K | $950K | +3.8% |
Summary: 92880 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 3%, 3 bedroom homes did not change, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 3.8%.
Housing Supply in 92880, CA
How many homes are available in 92880, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
94 | 97 | +3.2% |
Summary: The 92880 real estate market had 97 homes for sale in April 2024, a 3.2% increase 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 | 1 | 2 | +100.0% |
3 Bedrooms | 20 | 21 | +5.0% |
4 Bedrooms | 34 | 40 | +17.6% |
5+ Bedrooms | 39 | 34 | -12.8% |
Summary: The 92880 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 100%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 12.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 34 | +17.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in 92880 in April 2024, up by 17.2% month-over-month. Of the 34 sold homes, 18% were sold under asking, 15% were sold at asking, and 68% were sold over asking.
Days on Market for 92880, CA
How long does it take to sell a home in 92880, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 16 Days | -53.6% |
Summary: Homes in 92880 had an average of 16 days on market in Apr 2024, down by 53.6% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 34 homes were sold in 92880; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.