Is 92694, 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, 92694 has remained a Seller's Market.
Housing Prices in 92694, CA
How much do homes in 92694, CA cost?
Median Sold Price
$1,175,000
$581/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 92694 was $1,175,000 in April 2024, up 3.7% from last year, and the median price per square foot was $581.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $535K | $605K | +13.1% |
2 Bedrooms | $737.5K | $755K | +2.4% |
3 Bedrooms | $920K | $982.5K | +6.8% |
4 Bedrooms | $1.5M | $1.5M | +4.5% |
5+ Bedrooms | $2.4M | $2.3M | -2.1% |
Summary: 92694 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.1%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 2.1%.
Housing Supply in 92694, CA
How many homes are available in 92694, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 76 | +8.6% |
Summary: The 92694 real estate market had 76 homes for sale in April 2024, a 8.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 26 | 23 | -11.5% |
4 Bedrooms | 16 | 23 | +43.8% |
5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The 92694 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 22.2%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 43.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 32 | +52.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in 92694 in April 2024, up by 52.4% month-over-month. Of the 32 sold homes, 19% were sold under asking, 13% were sold at asking, and 69% were sold over asking.
Days on Market for 92694, CA
How long does it take to sell a home in 92694, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 13 Days | -60.0% |
Summary: Homes in 92694 had an average of 13 days on market in Apr 2024, down by 60% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in 92694; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.