Is 92629, 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, 92629 has remained a Seller's Market.
Housing Prices in 92629, CA
How much do homes in 92629, CA cost?
Median Sold Price
$1,605,000
$893/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92629 was $1,605,000 in April 2024, up 7% from last year, and the median price per square foot was $893.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $617.5K | $572.5K | -7.3% |
2 Bedrooms | $1.1M | $975K | -11.4% |
3 Bedrooms | $1.7M | $1.7M | +2.5% |
4 Bedrooms | $1.9M | $1.9M | -2.9% |
5+ Bedrooms | $2.3M | $3.9M | +69.6% |
Summary: 92629 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes decreased by 11.4%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 69.6%.
Housing Supply in 92629, CA
How many homes are available in 92629, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
117 | 123 | +5.1% |
Summary: The 92629 real estate market had 123 homes for sale in April 2024, a 5.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 8 | +100.0% |
2 Bedrooms | 27 | 20 | -25.9% |
3 Bedrooms | 51 | 53 | +3.9% |
4 Bedrooms | 20 | 25 | +25.0% |
5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The 92629 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25.9%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 31 | +55.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in 92629 in April 2024, up by 55.0% month-over-month. Of the 31 sold homes, 68% were sold under asking, 13% were sold at asking, and 19% were sold over asking.
Days on Market for 92629, CA
How long does it take to sell a home in 92629, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 46 Days | +56.8% |
Summary: Homes in 92629 had an average of 46 days on market in Apr 2024, up by 56.8% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in 92629; 55% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.