Is 92210, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92210 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 92210 was a Seller's Market.

Key Takeaway

92210 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 92210, CA

How much do homes in 92210, CA cost?

Median Sold Price

$1,387,500

$496/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$241,500(+21.1%)

Key Takeaway

Homes in 92210 have sold for 21.1% more than they did a year ago.

Summary: The median home sold price in 92210 was $1,387,500 in November 2024, up 21.1% from last year, and the median price per square foot was $496.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $298.5K$290K
-2.8%
2 $825K$750K
-9.1%
3 $995K$1.1M
+15.6%
4 $1.8M$2.2M
+23.2%
5+ $4.0M$5.1M
+28.7%

Summary: 92210 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes increased by 28.7%.

Median Sold Price Compared To Nearby Zip Codes

92210
+21.1%
92260
+3.4%
92211
+1.4%
92253
0.3%

Housing Supply in 92210, CA

How many homes are available in 92210, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
114151+32.5%

Summary: The 92210 real estate market had 151 homes for sale in November 2024, a 32.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1011
+10.0%
2 1520
+33.3%
3 4860
+25.0%
4 3854
+42.1%
5+ 36
+100.0%

Summary: The 92210 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 42.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
912+33.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92210, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 92210 in November 2024, up by 33.3% month-over-month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% were sold over asking.

Days on Market for 92210, CA

How long does it take to sell a home in 92210, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days72 Days+157.0%

Summary: Homes in 92210 had an average of 72 days on market in Nov 2024, up by 157% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 92210 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 12 homes were sold in 92210; 33% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 42% 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 17 Days Ago

Newest Listings in 92210, CA

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