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 October 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

$917,500

$495/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$70,000(+8.3%)

Key Takeaway

Homes in 92084 have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in 92084 was $917,500 in October 2024, up 8.3% from last year, and the median price per square foot was $495.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $675K$698.5K
+3.5%
3 $825K$862K
+4.5%
4 $945K$1.0M
+15.8%
5+ $1.2M$1.3M
+10.7%

Summary: 92084 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 3.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 10.7%.

Median Sold Price Compared To Nearby Zip Codes

92056
+12.3%
92084
+8.3%
92069
+6.3%
92057
+5.3%
92003
+0.9%

Housing Supply in 92084, CA

How many homes are available in 92084, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
104109+4.8%

Summary: The 92084 real estate market had 109 homes for sale in October 2024, a 4.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1519
+26.7%
3 4142
+2.4%
4 3026
-13.3%
5+ 1620
+25.0%

Summary: The 92084 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 26.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2420-16.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92084, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in 92084 in October 2024, down by 16.7% month-over-month. Of the 20 sold homes, 45% were sold under asking, 5% were sold at asking, and 50% 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

Oct 2023Oct 2024CHANGE
16 Days21 Days+29.5%

Summary: Homes in 92084 had an average of 21 days on market in Oct 2024, up by 29.5% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

0 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 October 2024, 20 homes were sold in 92084; 90% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% 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

Newest Listings in 92084, CA

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