Is 92335, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92335 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 92335 has remained a Seller's Market.

Key Takeaway

92335 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92335, CA

How much do homes in 92335, CA cost?

Median Sold Price

$570,000

$386/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,000(+8.6%)

Key Takeaway

Homes in 92335 have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in 92335 was $570,000 in November 2024, up 8.6% from last year, and the median price per square foot was $386.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $362.5K$812.5K
+124.1%
2 $410K$394K
-3.9%
3 $520K$560.5K
+7.8%
4 $575K$627K
+9.0%
5+ $653.5K$705K
+7.9%

Summary: 92335 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 124.1%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 7.9%.

Median Sold Price Compared To Nearby Zip Codes

92335
+8.6%
92337
+7.6%
92376
+7.0%
92336
+6.1%

Housing Supply in 92335, CA

How many homes are available in 92335, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9382-11.8%

Summary: The 92335 real estate market had 82 homes for sale in November 2024, a 11.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 2018
-10.0%
3 4137
-9.8%
4 2823
-17.9%
5+ 23
+50.0%

Summary: The 92335 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2230+36.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92335, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.

Summary: A total of 30 homes were sold or pending in 92335 in November 2024, up by 36.4% month-over-month. Of the 30 sold homes, 33% were sold under asking, 20% were sold at asking, and 47% were sold over asking.

Days on Market for 92335, CA

How long does it take to sell a home in 92335, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days29 Days+0.8%

Summary: Homes in 92335 had an average of 29 days on market in Nov 2024, up by 0.8% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92335 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 30 homes were sold in 92335; 67% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 3% 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 92335, CA

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