Is 92037, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 92037 has remained a Seller's Market.
Housing Prices in 92037, CA
How much do homes in 92037, CA cost?
Median Sold Price
$2,200,000
$1,038/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 92037 was $2,200,000 in May 2024, up 14.4% from last year, and the median price per square foot was $1,038.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $611K | $637.4K | +4.3% |
2 Bedrooms | $1.0M | $1.0M | -6.8% |
3 Bedrooms | $2.3M | $2.3M | -2.1% |
4 Bedrooms | $3.1M | $3.2M | +2.4% |
5+ Bedrooms | $4.6M | $5.2M | +13.9% |
Summary: 92037 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 13.9%.
Median Sold Price Compared To Nearby Zip Codes
92109 | $1.2M | $1.5M | +22.2% |
92037 | $1.9M | $2.2M | +14.4% |
92121 | $1.3M | $985K | -24.2% |
Housing Supply in 92037, CA
How many homes are available in 92037, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
169 | 202 | +19.5% |
Summary: The 92037 real estate market had 202 homes for sale in May 2024, a 19.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 17 | +21.4% |
2 Bedrooms | 35 | 51 | +45.7% |
3 Bedrooms | 54 | 53 | -1.9% |
4 Bedrooms | 36 | 38 | +5.6% |
5+ Bedrooms | 30 | 43 | +43.3% |
Summary: The 92037 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.4%, 2 bedroom homes increased by 45.7%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 43.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
41 | 42 | +2.4% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in 92037 in May 2024, up by 2.4% month-over-month. Of the 42 sold homes, 52% were sold under asking, 12% were sold at asking, and 36% were sold over asking.
Days on Market for 92037, CA
How long does it take to sell a home in 92037, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
30 Days | 34 Days | +12.8% |
Summary: Homes in 92037 had an average of 34 days on market in May 2024, up by 12.8% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 42 homes were sold in 92037; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.