$1,959 Closing Credit*
$165,000
750 SqFt
1 Bed
•1 Full Bath
SHADONJALA GROSS, Listing Office: TILLETT REALTY GROUP
Is 92277, 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, 92277 was a Seller's Market.
Key Takeaway
92277 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 92277, CA
How much do homes in 92277, CA cost?
Median Sold Price
$269,300
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,700(-2.1%)
Key Takeaway
Homes in 92277 have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in 92277 was $269,300 in November 2024, down 2.1% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167.5K | $190K | +13.4% |
| 2 Bedrooms | $240.5K | $230K | -4.4% |
| 3 Bedrooms | $290K | $290K | 0.0% |
| 4 Bedrooms | $334.5K | $365K | +9.1% |
| 5+ Bedrooms | $370K | $549.9K | +48.6% |
Summary: 92277 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.4%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 48.6%.
Median Sold Price Compared To Nearby Zip Codes
| 92277 | $275K | $269.3K | -2.1% |
| 92252 | $390.5K | $375K | -4.0% |
Housing Supply in 92277, CA
How many homes are available in 92277, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 231 | 230 | -0.4% |
Summary: The 92277 real estate market had 230 homes for sale in November 2024, a 0.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 32 | 30 | -6.3% |
| 2 Bedrooms | 72 | 77 | +6.9% |
| 3 Bedrooms | 101 | 92 | -8.9% |
| 4 Bedrooms | 23 | 27 | +17.4% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 92277 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 6.9%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 19 | -34.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 92277, 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 92277 in November 2024, down by 34.5% 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 92277, CA
How long does it take to sell a home in 92277, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 34 Days | -33.9% |
Summary: Homes in 92277 had an average of 34 days on market in Nov 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 92277 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in 92277; 63% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 11% 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.