Is 92376, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92376 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 92376 has remained a Seller's Market.

Key Takeaway

92376 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92376, CA

How much do homes in 92376, CA cost?

Median Sold Price

$565,000

$364/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$40,000(+7.6%)

Key Takeaway

Homes in 92376 have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in 92376 was $565,000 in December 2024, up 7.6% from last year, and the median price per square foot was $364.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $375K$411K
+9.6%
3 $509.9K$545.5K
+7.0%
4 $550K$605K
+10.0%
5+ $654K$650K
-0.6%

Summary: 92376 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Zip Codes

92335
+8.6%
92411
+7.7%
92376
+7.6%
92377
+5.7%
92316
+2.5%

Housing Supply in 92376, CA

How many homes are available in 92376, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
111103-7.2%

Summary: The 92376 real estate market had 103 homes for sale in December 2024, a 7.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 33
0.0%
2 1311
-15.4%
3 4545
0.0%
4 4339
-9.3%
5+ 75
-28.6%

Summary: The 92376 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2625-3.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92376, you could pay more than the asking price. 44% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in 92376 in December 2024, down by 3.8% month-over-month. Of the 25 sold homes, 32% were sold under asking, 24% were sold at asking, and 44% were sold over asking.

Days on Market for 92376, CA

How long does it take to sell a home in 92376, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
21 Days50 Days+138.0%

Summary: Homes in 92376 had an average of 50 days on market in Dec 2024, up by 138% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 92376 has remained consistent over time.

Summary: During December 2024, 25 homes were sold in 92376; 36% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 16% 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 2 Days Ago

Newest Listings in 92376, CA

Nearby Markets to 92376, CA