$10,000 Closing Credit*
$1,379,999
Francesca Levy, Listing Office: Keller Williams La Jolla
Is 92115, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 92115 has remained a Seller's Market.
Key Takeaway
92115 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 92115, CA
How much do homes in 92115, CA cost?
Median Sold Price
$799,444
$603/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$38,444(+5.1%)
Key Takeaway
Homes in 92115 have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in 92115 was $799,444 in December 2024, up 5.1% from last year, and the median price per square foot was $603.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $365K | $370K | +1.4% |
| 2 Bedrooms | $560K | $550K | -1.8% |
| 3 Bedrooms | $922.5K | $905K | -1.9% |
| 4 Bedrooms | $944.8K | $975K | +3.2% |
| 5+ Bedrooms | $1.3M | $1.6M | +24.1% |
Summary: 92115 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 24.1%.
Housing Supply in 92115, CA
How many homes are available in 92115, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 94 | 86 | -8.5% |
Summary: The 92115 real estate market had 86 homes for sale in December 2024, a 8.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 10 | -9.1% |
| 2 Bedrooms | 34 | 30 | -11.8% |
| 3 Bedrooms | 36 | 31 | -13.9% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 92115 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 31 | 25 | -19.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 92115, you may be able to get a good deal. 52% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 92115 in December 2024, down by 19.4% month-over-month. Of the 25 sold homes, 52% were sold under asking, 28% were sold at asking, and 20% were sold over asking.
Days on Market for 92115, CA
How long does it take to sell a home in 92115, CA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 21 Days | 26 Days | +22.2% |
Summary: Homes in 92115 had an average of 26 days on market in Dec 2024, up by 22.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 92115 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 25 homes were sold in 92115; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.