Is 92036, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92036 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 92036 was a Seller's Market.

Key Takeaway

92036 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 92036, CA

How much do homes in 92036, CA cost?

Median Sold Price

$630,000

$403/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$75,000(+13.5%)

Key Takeaway

Homes in 92036 have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in 92036 was $630,000 in November 2024, up 13.5% from last year, and the median price per square foot was $403.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $315K$450K
+42.9%
2 $500K$600K
+20.0%
3 $625K$647.5K
+3.6%
4 $822K$950K
+15.6%
5+ $1.4M$1.2M
-15.2%

Summary: 92036 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes decreased by 15.2%.

Median Sold Price Compared To Nearby Zip Codes

92036
+13.5%
91901
+10.0%
91916
-0.1%

Housing Supply in 92036, CA

How many homes are available in 92036, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5852-10.3%

Summary: The 92036 real estate market had 52 homes for sale in November 2024, a 10.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 45
+25.0%
2 2220
-9.1%
3 1210
-16.7%
4 1210
-16.7%
5+ 87
-12.5%

Summary: The 92036 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92036, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in 92036 in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.

Days on Market for 92036, CA

How long does it take to sell a home in 92036, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
69 Days43 Days-37.8%

Summary: Homes in 92036 had an average of 43 days on market in Nov 2024, down by 37.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92036 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in 92036; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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 17 Days Ago

Newest Listings in 92036, CA

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