Is 92887, 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, 92887 has remained a Seller's Market.
Housing Prices in 92887, CA
How much do homes in 92887, CA cost?
Median Sold Price
$1,340,000
$536/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92887 was $1,340,000 in April 2024, up 9.4% from last year, and the median price per square foot was $536.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $565K | $560K | -0.9% |
3 Bedrooms | $860K | $960K | +11.6% |
4 Bedrooms | $1.4M | $1.4M | +4.8% |
5+ Bedrooms | $2.0M | $1.7M | -13.3% |
Summary: 92887 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 0.9%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 13.3%.
Housing Supply in 92887, CA
How many homes are available in 92887, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 46 | -14.8% |
Summary: The 92887 real estate market had 46 homes for sale in April 2024, a 14.8% 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 | 10 | 7 | -30.0% |
3 Bedrooms | 11 | 3 | -72.7% |
4 Bedrooms | 24 | 23 | -4.2% |
5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The 92887 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 decreased by 30%, 3 bedroom homes decreased by 72.7%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 8 | -65.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 92887 in April 2024, down by 65.2% month-over-month. Of the 8 sold homes, 13% were sold under asking, 13% were sold at asking, and 75% were sold over asking.
Days on Market for 92887, CA
How long does it take to sell a home in 92887, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 25 Days | +8.8% |
Summary: Homes in 92887 had an average of 25 days on market in Apr 2024, up by 8.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in 92887; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.