Is 92504, 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, 92504 has remained a Seller's Market.
Housing Prices in 92504, CA
How much do homes in 92504, CA cost?
Median Sold Price
$610,400
$399/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92504 was $610,400 in April 2024, up 6.8% from last year, and the median price per square foot was $399.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $286.1K | N/A |
2 Bedrooms | $475K | $510K | +7.4% |
3 Bedrooms | $535K | $570K | +6.5% |
4 Bedrooms | $621K | $678.5K | +9.3% |
5+ Bedrooms | $1.1M | $1.2M | +7.8% |
Summary: 92504 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 increased by 7.4%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 7.8%.
Housing Supply in 92504, CA
How many homes are available in 92504, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
115 | 122 | +6.1% |
Summary: The 92504 real estate market had 122 homes for sale in April 2024, a 6.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 55 | 56 | +1.8% |
4 Bedrooms | 33 | 41 | +24.2% |
5+ Bedrooms | 20 | 21 | +5.0% |
Summary: The 92504 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 30 | -6.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in 92504 in April 2024, down by 6.3% month-over-month. Of the 30 sold homes, 30% were sold under asking, 17% were sold at asking, and 53% were sold over asking.
Days on Market for 92504, CA
How long does it take to sell a home in 92504, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 20 Days | -52.8% |
Summary: Homes in 92504 had an average of 20 days on market in Apr 2024, down by 52.8% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 30 homes were sold in 92504; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.