Is 92394, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 92394 has remained a Seller's Market.
Housing Prices in 92394, CA
How much do homes in 92394, CA cost?
Median Sold Price
$415,500
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 92394 was $415,500 in May 2024, up 1.2% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $334.9K | $331K | -1.2% |
3 Bedrooms | $379K | $395K | +4.2% |
4 Bedrooms | $430K | $435K | +1.2% |
5+ Bedrooms | $470K | $475K | +1.1% |
Summary: 92394 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 1.1%.
Housing Supply in 92394, CA
How many homes are available in 92394, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
101 | 97 | -4.0% |
Summary: The 92394 real estate market had 97 homes for sale in May 2024, a 4.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 48 | 43 | -10.4% |
4 Bedrooms | 35 | 38 | +8.6% |
5+ Bedrooms | 18 | 16 | -11.1% |
Summary: The 92394 housing inventory by bedroom type for May 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 10.4%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 33 | +32.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 92394 in May 2024, up by 32.0% month-over-month. Of the 33 sold homes, 12% were sold under asking, 15% were sold at asking, and 73% were sold over asking.
Days on Market for 92394, CA
How long does it take to sell a home in 92394, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
37 Days | 32 Days | -13.8% |
Summary: Homes in 92394 had an average of 32 days on market in May 2024, down by 13.8% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 33 homes were sold in 92394; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.