Is 92395, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92395 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 92395 was a Neutral Market.

Key Takeaway

92395 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92395, CA

How much do homes in 92395, CA cost?

Median Sold Price

$400,000

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,000(+2.6%)

Key Takeaway

Homes in 92395 have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in 92395 was $400,000 in April 2024, up 2.6% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $152.5K$190K
+24.6%
2 $299.5K$300K
0.2%
3 $380K$395.8K
+4.2%
4 $420K$435K
+3.6%
5+ $489.5K$508K
+3.8%

Summary: 92395 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.6%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 3.8%.

Median Sold Price Compared To Nearby Zip Codes

92307
+4.1%
92392
+3.9%
92345
+3.7%
92395
+2.6%
92394
-0.5%

Housing Supply in 92395, CA

How many homes are available in 92395, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
147158+7.5%

Summary: The 92395 real estate market had 158 homes for sale in April 2024, a 7.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1618
+12.5%
3 7773
-5.2%
4 3948
+23.1%
5+ 1418
+28.6%

Summary: The 92395 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 increased by 12.5%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4634-26.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92395, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Summary: A total of 34 homes were sold or pending in 92395 in April 2024, down by 26.1% month-over-month. Of the 34 sold homes, 26% were sold under asking, 26% were sold at asking, and 47% were sold over asking.

Days on Market for 92395, CA

How long does it take to sell a home in 92395, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
43 Days41 Days-5.8%

Summary: Homes in 92395 had an average of 41 days on market in Apr 2024, down by 5.8% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92395 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 34 homes were sold in 92395; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in 92395, CA

Nearby Markets to 92395, CA