Is 92653, 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, 92653 has remained a Seller's Market.
Housing Prices in 92653, CA
How much do homes in 92653, CA cost?
Median Sold Price
$1,150,000
$613/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92653 was $1,150,000 in April 2024, down 2.9% from last year, and the median price per square foot was $613.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $480K | $508.3K | +5.9% |
2 Bedrooms | $618K | $679.5K | +10.0% |
3 Bedrooms | $880K | $950K | +8.0% |
4 Bedrooms | $1.4M | $1.3M | -7.6% |
5+ Bedrooms | $2.1M | $2.4M | +15.7% |
Summary: 92653 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 15.7%.
Housing Supply in 92653, CA
How many homes are available in 92653, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 55 | +5.8% |
Summary: The 92653 real estate market had 55 homes for sale in April 2024, a 5.8% 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 | 2 | 6 | +200.0% |
3 Bedrooms | 15 | 13 | -13.3% |
4 Bedrooms | 20 | 19 | -5.0% |
5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The 92653 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 200%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 17 | +54.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 92653 in April 2024, up by 54.5% month-over-month. Of the 17 sold homes, 24% were sold under asking, 18% were sold at asking, and 59% were sold over asking.
Days on Market for 92653, CA
How long does it take to sell a home in 92653, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 13 Days | -52.4% |
Summary: Homes in 92653 had an average of 13 days on market in Apr 2024, down by 52.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in 92653; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.