Is 92014, 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, 92014 has remained a Seller's Market.
Housing Prices in 92014, CA
How much do homes in 92014, CA cost?
Median Sold Price
$2,440,000
$1,196/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92014 was $2,440,000 in April 2024, up 0.3% from last year, and the median price per square foot was $1,196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $622.5K | $1.5M | +155.4% |
2 Bedrooms | $1.3M | $1.5M | +13.0% |
3 Bedrooms | $2.2M | $2.3M | +6.2% |
4 Bedrooms | $3.1M | $4.0M | +28.0% |
5+ Bedrooms | $4.7M | $3.3M | -29.8% |
Summary: 92014 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 155.4%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 28%, and 5+ bedroom homes decreased by 29.8%.
Housing Supply in 92014, CA
How many homes are available in 92014, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 72 | +16.1% |
Summary: The 92014 real estate market had 72 homes for sale in April 2024, a 16.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 19 | 23 | +21.1% |
4 Bedrooms | 21 | 24 | +14.3% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The 92014 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 92014 in April 2024, up by 8.3% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.
Days on Market for 92014, CA
How long does it take to sell a home in 92014, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 13 Days | -38.3% |
Summary: Homes in 92014 had an average of 13 days on market in Apr 2024, down by 38.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in 92014; 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.