Is 92064, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92064 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 92064 has remained a Seller's Market.

Key Takeaway

92064 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92064, CA

How much do homes in 92064, CA cost?

Median Sold Price

$1,245,555

$650/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$145,555(+13.2%)

Key Takeaway

Homes in 92064 have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in 92064 was $1,245,555 in October 2024, up 13.2% from last year, and the median price per square foot was $650.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $627.5K$780K
+24.3%
3 $886.1K$1.0M
+15.7%
4 $1.2M$1.4M
+16.5%
5+ $1.9M$2.4M
+24.3%

Summary: 92064 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.3%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 24.3%.

Median Sold Price Compared To Nearby Zip Codes

92064
+13.2%
92025
+9.6%
92131
+4.5%
92040
+4.5%
92128
+2.3%

Housing Supply in 92064, CA

How many homes are available in 92064, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
102114+11.8%

Summary: The 92064 real estate market had 114 homes for sale in October 2024, a 11.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 3029
-3.3%
4 4049
+22.5%
5+ 2831
+10.7%

Summary: The 92064 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes increased by 10.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2330+30.4%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92064, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 92064 in October 2024, up by 30.4% month-over-month. Of the 30 sold homes, 67% were sold under asking, 10% were sold at asking, and 23% were sold over asking.

Days on Market for 92064, CA

How long does it take to sell a home in 92064, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days28 Days+46.2%

Summary: Homes in 92064 had an average of 28 days on market in Oct 2024, up by 46.2% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92064 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 30 homes were sold in 92064; 67% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 3% 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 14 Days Ago

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