$10,000 Closing Credit*
$1,625,000
1,663 SqFt
3 Beds
•2 Full Baths
Joshua Glaz, Listing Office: The Ave
Is 92262, 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, 92262 was a Seller's Market.
Key Takeaway
92262 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 92262, CA
How much do homes in 92262, CA cost?
Median Sold Price
$683,266
$449/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,800(+5.5%)
Key Takeaway
Homes in 92262 have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in 92262 was $683,266 in November 2024, up 5.5% from last year, and the median price per square foot was $449.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $230K | 0.0% |
| 2 Bedrooms | $471.6K | $500K | +6.0% |
| 3 Bedrooms | $924K | $949.5K | +2.8% |
| 4 Bedrooms | $1.3M | $1.2M | -5.3% |
| 5+ Bedrooms | $1.7M | $2.1M | +21.8% |
Summary: 92262 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 6%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 21.8%.
Housing Supply in 92262, CA
How many homes are available in 92262, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 478 | 518 | +8.4% |
Summary: The 92262 real estate market had 518 homes for sale in November 2024, a 8.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 61 | 65 | +6.6% |
| 2 Bedrooms | 131 | 133 | +1.5% |
| 3 Bedrooms | 199 | 223 | +12.1% |
| 4 Bedrooms | 74 | 78 | +5.4% |
| 5+ Bedrooms | 13 | 19 | +46.2% |
Summary: The 92262 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 46.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 54 | -8.5% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 92262, you may be able to get a good deal. 64.8% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in 92262 in November 2024, down by 8.5% month-over-month. Of the 54 sold homes, 65% were sold under asking, 28% were sold at asking, and 7% were sold over asking.
Days on Market for 92262, CA
How long does it take to sell a home in 92262, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 64 Days | 75 Days | +15.8% |
Summary: Homes in 92262 had an average of 75 days on market in Nov 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 92262 has remained consistent over time.
Summary: During November 2024, 54 homes were sold in 92262; 33% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 31% 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.