Is 92337, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92337 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 92337 has remained a Seller's Market.

Key Takeaway

92337 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92337, CA

How much do homes in 92337, CA cost?

Median Sold Price

$590,000

$394/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+7.3%)

Key Takeaway

Homes in 92337 have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in 92337 was $590,000 in October 2024, up 7.3% from last year, and the median price per square foot was $394.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $469K$530K
+13.0%
3 $536K$582.4K
+8.7%
4 $615K$620K
+0.8%
5+ $635K$675K
+6.3%

Summary: 92337 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Zip Codes

92509
+12.1%
92335
+9.1%
92337
+7.3%

Housing Supply in 92337, CA

How many homes are available in 92337, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5563+14.5%

Summary: The 92337 real estate market had 63 homes for sale in October 2024, a 14.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2828
0.0%
4 1826
+44.4%
5+ 78
+14.3%

Summary: The 92337 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1020+100.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92337, you could pay more than the asking price. 40% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in 92337 in October 2024, up by 100.0% month-over-month. Of the 20 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.

Days on Market for 92337, CA

How long does it take to sell a home in 92337, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days22 Days+11.8%

Summary: Homes in 92337 had an average of 22 days on market in Oct 2024, up by 11.8% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92337 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 20 homes were sold in 92337; 80% of homes were sold within 30 days, 20% 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 14 Days Ago

Newest Listings in 92337, CA

Nearby Markets to 92337, CA