Is 92591, 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, 92591 has remained a Seller's Market.
Housing Prices in 92591, CA
How much do homes in 92591, CA cost?
Median Sold Price
$700,000
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92591 was $700,000 in April 2024, up 3% from last year, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $580K | $557K | -4.0% |
3 Bedrooms | $615.8K | $631K | +2.5% |
4 Bedrooms | $729K | $730K | 0.1% |
5+ Bedrooms | $865K | $847K | -2.1% |
Summary: 92591 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 decreased by 4%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 2.1%.
Housing Supply in 92591, CA
How many homes are available in 92591, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
106 | 113 | +6.6% |
Summary: The 92591 real estate market had 113 homes for sale in April 2024, a 6.6% increase 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 | 8 | 6 | -25.0% |
3 Bedrooms | 41 | 47 | +14.6% |
4 Bedrooms | 39 | 41 | +5.1% |
5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The 92591 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 decreased by 25%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 26 | -27.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 92591 in April 2024, down by 27.8% month-over-month. Of the 26 sold homes, 54% were sold under asking, 12% were sold at asking, and 35% were sold over asking.
Days on Market for 92591, CA
How long does it take to sell a home in 92591, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 22 Days | -39.5% |
Summary: Homes in 92591 had an average of 22 days on market in Apr 2024, down by 39.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in 92591; 65% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.