Is 92105, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92105 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 92105 has remained a Seller's Market.

Key Takeaway

92105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92105, CA

How much do homes in 92105, CA cost?

Median Sold Price

$675,000

$599/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$65,000(+10.7%)

Key Takeaway

Homes in 92105 have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in 92105 was $675,000 in December 2024, up 10.7% from last year, and the median price per square foot was $599.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $370K$368.5K
-0.4%
2 $526.2K$550.7K
+4.7%
3 $721.5K$740K
+2.6%
4 $802K$794.5K
-0.9%
5+ $956K$940K
-1.7%

Summary: 92105 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 1.7%.

Median Sold Price Compared To Nearby Zip Codes

92105
+10.7%
92116
+7.7%
92115
+5.1%
92104
+4.1%
92102
+3.3%

Housing Supply in 92105, CA

How many homes are available in 92105, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6049-18.3%

Summary: The 92105 real estate market had 49 homes for sale in December 2024, a 18.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 97
-22.2%
2 2821
-25.0%
3 1716
-5.9%
4 54
-20.0%
5+ 11
0.0%

Summary: The 92105 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2219-13.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92105, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in 92105 in December 2024, down by 13.6% month-over-month. Of the 19 sold homes, 37% were sold under asking, 16% were sold at asking, and 47% were sold over asking.

Days on Market for 92105, CA

How long does it take to sell a home in 92105, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
18 Days32 Days+82.5%

Summary: Homes in 92105 had an average of 32 days on market in Dec 2024, up by 82.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92105 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 19 homes were sold in 92105; 58% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 5% 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 7 Days Ago

Newest Listings in 92105, CA

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