Is 92082, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92082 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 92082 has remained a Seller's Market.

Key Takeaway

92082 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92082, CA

How much do homes in 92082, CA cost?

Median Sold Price

$912,500

$398/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$32,500(+3.7%)

Key Takeaway

Homes in 92082 have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in 92082 was $912,500 in October 2024, up 3.7% from last year, and the median price per square foot was $398.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $765K$1.5M
+96.1%
2 $719.5K$695K
-3.4%
3 $799.5K$868K
+8.6%
4 $1.0M$991K
-0.9%
5+ $1.1M$1.0M
-9.8%

Summary: 92082 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 96.1%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 9.8%.

Median Sold Price Compared To Nearby Zip Codes

92027
+10.6%
92026
+7.1%
92082
+3.7%

Housing Supply in 92082, CA

How many homes are available in 92082, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
96113+17.7%

Summary: The 92082 real estate market had 113 homes for sale in October 2024, a 17.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 22
0.0%
3 3237
+15.6%
4 4255
+31.0%
5+ 1918
-5.3%

Summary: The 92082 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 remained the same, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 31%, and 5+ bedroom homes decreased by 5.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1521+40.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92082, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 92082 in October 2024, up by 40.0% month-over-month. Of the 21 sold homes, 52% were sold under asking, 10% were sold at asking, and 38% were sold over asking.

Days on Market for 92082, CA

How long does it take to sell a home in 92082, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days54 Days+49.9%

Summary: Homes in 92082 had an average of 54 days on market in Oct 2024, up by 49.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 92082 has remained consistent over time.

Summary: During October 2024, 21 homes were sold in 92082; 24% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 19% 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 22 Days Ago

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