Is 92354, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92354 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 92354 has remained a Buyer's Market.

Key Takeaway

92354 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 92354, CA

How much do homes in 92354, CA cost?

Median Sold Price

$610,000

$364/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+5.2%)

Key Takeaway

Homes in 92354 have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in 92354 was $610,000 in November 2024, up 5.2% from last year, and the median price per square foot was $364.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $465K$455K
-2.2%
3 $563K$580.5K
+3.1%
4 $680K$667.5K
-1.8%
5+ $705K$872.5K
+23.8%

Summary: 92354 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 decreased by 2.2%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 23.8%.

Median Sold Price Compared To Nearby Zip Codes

92324
+8.1%
92354
+5.2%
92408
-6.1%

Housing Supply in 92354, CA

How many homes are available in 92354, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3626-27.8%

Summary: The 92354 real estate market had 26 homes for sale in November 2024, a 27.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1810
-44.4%
4 911
+22.2%
5+ 41
-75.0%

Summary: The 92354 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 decreased by 20%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 75%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
153-80.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92354, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 92354 in November 2024, down by 80.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 92354, CA

How long does it take to sell a home in 92354, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days52 Days+851.5%

Summary: Homes in 92354 had an average of 52 days on market in Nov 2024, up by 851.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92354 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 92354; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 92354, CA

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