Is 92596, 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, 92596 has remained a Seller's Market.
Housing Prices in 92596, CA
How much do homes in 92596, CA cost?
Median Sold Price
$650,000
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92596 was $650,000 in April 2024, up 5.7% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $600K | - | N/A |
2 Bedrooms | $410K | $699.9K | +70.7% |
3 Bedrooms | $566.5K | $595K | +5.0% |
4 Bedrooms | $610K | $644.7K | +5.7% |
5+ Bedrooms | $699.8K | $712.4K | +1.8% |
Summary: 92596 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 70.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 1.8%.
Housing Supply in 92596, CA
How many homes are available in 92596, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
163 | 137 | -16.0% |
Summary: The 92596 real estate market had 137 homes for sale in April 2024, a 16.0% decrease 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 | 4 | 3 | -25.0% |
3 Bedrooms | 46 | 40 | -13.0% |
4 Bedrooms | 72 | 55 | -23.6% |
5+ Bedrooms | 41 | 39 | -4.9% |
Summary: The 92596 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 decreased by 13%, 4 bedroom homes decreased by 23.6%, and 5+ bedroom homes decreased by 4.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 40 | -31.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in 92596 in April 2024, down by 31.0% month-over-month. Of the 40 sold homes, 30% were sold under asking, 35% were sold at asking, and 35% were sold over asking.
Days on Market for 92596, CA
How long does it take to sell a home in 92596, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 34 Days | -37.8% |
Summary: Homes in 92596 had an average of 34 days on market in Apr 2024, down by 37.8% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 40 homes were sold in 92596; 60% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.