Is 92317, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92317 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 92317 was a Seller's Market.

Key Takeaway

92317 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 92317, CA

How much do homes in 92317, CA cost?

Median Sold Price

$260,000

$391/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$42,500(-14.0%)

Key Takeaway

Homes in 92317 have sold for 14% less than they did a month ago.

Summary: The median home sold price in 92317 was $260,000 in November 2024, down 14% from last month, and the median price per square foot was $391.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $210K$260K
+23.8%
2 $395K-
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: 92317 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 23.8%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 92317, CA

How many homes are available in 92317, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
79+28.6%

Summary: The 92317 real estate market had 9 homes for sale in November 2024, a 28.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 44
0.0%
3 12
+100.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The 92317 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92317, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 92317 in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 92317, CA

How long does it take to sell a home in 92317, CA?

Average Sale Time

Oct 2024Nov 2024CHANGE
13 Days44 Days+225.9%

Summary: Homes in 92317 had an average of 44 days on market in Nov 2024, up by 225.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 92317 has remained consistent over time.

Summary: During November 2024, 1 homes were sold in 92317; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 92317, CA

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