Is 92882, 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, 92882 has remained a Seller's Market.
Housing Prices in 92882, CA
How much do homes in 92882, CA cost?
Median Sold Price
$740,250
$412/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92882 was $740,250 in April 2024, up 5.5% from last year, and the median price per square foot was $412.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $345K | $379K | +9.9% |
2 Bedrooms | $430K | $465K | +8.1% |
3 Bedrooms | $645K | $676.9K | +5.0% |
4 Bedrooms | $790K | $843.7K | +6.8% |
5+ Bedrooms | $985K | $950K | -3.6% |
Summary: 92882 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.9%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 3.6%.
Housing Supply in 92882, CA
How many homes are available in 92882, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
129 | 123 | -4.7% |
Summary: The 92882 real estate market had 123 homes for sale in April 2024, a 4.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 14 | +27.3% |
2 Bedrooms | 17 | 13 | -23.5% |
3 Bedrooms | 44 | 36 | -18.2% |
4 Bedrooms | 46 | 43 | -6.5% |
5+ Bedrooms | 11 | 17 | +54.5% |
Summary: The 92882 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.3%, 2 bedroom homes decreased by 23.5%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 54.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 36 | -30.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in 92882 in April 2024, down by 30.8% month-over-month. Of the 36 sold homes, 19% were sold under asking, 14% were sold at asking, and 67% were sold over asking.
Days on Market for 92882, CA
How long does it take to sell a home in 92882, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 25 Days | -46.1% |
Summary: Homes in 92882 had an average of 25 days on market in Apr 2024, down by 46.1% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 36 homes were sold in 92882; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.