Is 93292, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 93292 has remained a Seller's Market.
Key Takeaway
93292 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93292, CA
How much do homes in 93292, CA cost?
Median Sold Price
$317,000
$209/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in 93292 have sold for 19.7% less than they did a month ago.
Summary: The median home sold price in 93292 was $317,000 in April 2024, down 19.7% from last month, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $372.5K | $313.5K | -15.8% |
| 4 Bedrooms | $565K | $519K | -8.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: 93292 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 93277 | $400K | $390K | -2.5% |
| 93292 | $395K | $317K | -19.7% |
Housing Supply in 93292, CA
How many homes are available in 93292, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 23 | -23.3% |
Summary: The 93292 real estate market had 23 homes for sale in April 2024, a 23.3% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 23 | 14 | -39.1% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 93292 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 39.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93292, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 93292 in April 2024, down by 54.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for 93292, CA
How long does it take to sell a home in 93292, CA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 50 Days | 23 Days | -54.0% |
Summary: Homes in 93292 had an average of 23 days on market in Apr 2024, down by 54% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 93292 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in 93292; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.