$10,000 Closing Credit*
$2,399,000
2,765 SqFt
5 Beds
•3 Full Baths
Laura Scaramella, Listing Office: Realty Source Incorporated
Is 92121, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 92121 was a Seller's Market.
Key Takeaway
92121 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 92121, CA
How much do homes in 92121, CA cost?
Median Sold Price
$925,000
$711/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$325,000(-26.0%)
Key Takeaway
Homes in 92121 have sold for 26% less than they did a year ago.
Summary: The median home sold price in 92121 was $925,000 in November 2024, down 26% from last year, and the median price per square foot was $711.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $829.5K | $850K | +2.5% |
| 3 Bedrooms | $985K | $917.5K | -6.9% |
| 4 Bedrooms | $1.5M | $1.6M | +2.1% |
| 5+ Bedrooms | $1.5M | $1.6M | +4.4% |
Summary: 92121 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 2.5%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 4.4%.
Housing Supply in 92121, CA
How many homes are available in 92121, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The 92121 real estate market had 15 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 92121 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 92121, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 92121 in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 92121, CA
How long does it take to sell a home in 92121, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 27 Days | +200.0% |
Summary: Homes in 92121 had an average of 27 days on market in Nov 2024, up by 200% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 92121 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 92121; 50% of homes were sold within 30 days, 50% 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.