Is 92026, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92026 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 92026 has remained a Seller's Market.

Key Takeaway

92026 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92026, CA

How much do homes in 92026, CA cost?

Median Sold Price

$830,000

$477/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$55,000(+7.1%)

Key Takeaway

Homes in 92026 have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in 92026 was $830,000 in October 2024, up 7.1% from last year, and the median price per square foot was $477.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $362.5K$365K
+0.7%
2 $565K$617K
+9.2%
3 $760K$830K
+9.2%
4 $913.3K$977K
+7.0%
5+ $1.0M$1.2M
+9.1%

Summary: 92026 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 9.1%.

Median Sold Price Compared To Nearby Zip Codes

92084
+8.3%
92026
+7.1%
92069
+6.3%
92082
+3.7%
92003
+0.9%

Housing Supply in 92026, CA

How many homes are available in 92026, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
153170+11.1%

Summary: The 92026 real estate market had 170 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 2833
+17.9%
3 7375
+2.7%
4 3647
+30.6%
5+ 1513
-13.3%

Summary: The 92026 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 30.6%, and 5+ bedroom homes decreased by 13.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2238+72.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92026, you could pay more than the asking price. 42.1% of homes here sold above asking price last month.

Summary: A total of 38 homes were sold or pending in 92026 in October 2024, up by 72.7% month-over-month. Of the 38 sold homes, 32% were sold under asking, 26% were sold at asking, and 42% were sold over asking.

Days on Market for 92026, CA

How long does it take to sell a home in 92026, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days37 Days+106.2%

Summary: Homes in 92026 had an average of 37 days on market in Oct 2024, up by 106.2% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92026 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 38 homes were sold in 92026; 53% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

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