Is 92084, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92084 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 92084 has remained a Seller's Market.

Key Takeaway

92084 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92084, CA

How much do homes in 92084, CA cost?

Median Sold Price

$915,000

$498/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$63,333(+7.4%)

Key Takeaway

Homes in 92084 have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in 92084 was $915,000 in November 2024, up 7.4% from last year, and the median price per square foot was $498.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$667.5K
N/A
2 $665K$725K
+9.0%
3 $831.3K$863.5K
+3.9%
4 $933.5K$1.1M
+17.8%
5+ $1.2M$1.3M
+12.8%

Summary: 92084 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes increased by 12.8%.

Median Sold Price Compared To Nearby Zip Codes

92003
+10.9%
92056
+9.1%
92084
+7.4%
92069
+4.4%
92057
+3.8%

Housing Supply in 92084, CA

How many homes are available in 92084, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9799+2.1%

Summary: The 92084 real estate market had 99 homes for sale in November 2024, a 2.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 1718
+5.9%
3 3733
-10.8%
4 2226
+18.2%
5+ 1820
+11.1%

Summary: The 92084 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2318-21.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92084, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 92084 in November 2024, down by 21.7% month-over-month. Of the 18 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for 92084, CA

How long does it take to sell a home in 92084, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days42 Days+106.5%

Summary: Homes in 92084 had an average of 42 days on market in Nov 2024, up by 106.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92084 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 18 homes were sold in 92084; 61% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 11% 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 23 Days Ago

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