Is 92399, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92399 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 92399 has remained a Seller's Market.

Key Takeaway

92399 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92399, CA

How much do homes in 92399, CA cost?

Median Sold Price

$560,000

$319/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,003(+3.7%)

Key Takeaway

Homes in 92399 have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in 92399 was $560,000 in November 2024, up 3.7% from last year, and the median price per square foot was $319.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $380K$363.7K
-4.3%
2 $417.5K$425K
+1.8%
3 $515K$530K
+2.9%
4 $612K$637.5K
+4.2%
5+ $796.1K$762.5K
-4.2%

Summary: 92399 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 4.2%.

Median Sold Price Compared To Nearby Zip Codes

92339
+10.1%
92359
+7.6%
92223
+6.0%
92320
+5.5%
92399
+3.7%

Housing Supply in 92399, CA

How many homes are available in 92399, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
170167-1.8%

Summary: The 92399 real estate market had 167 homes for sale in November 2024, a 1.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 2619
-26.9%
3 4651
+10.9%
4 5855
-5.2%
5+ 3841
+7.9%

Summary: The 92399 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 26.9%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 7.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3440+17.6%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92399, you may be able to get a good deal. 48.7% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in 92399 in November 2024, up by 17.6% month-over-month. Of the 39 sold homes, 49% were sold under asking, 23% were sold at asking, and 28% were sold over asking.

Days on Market for 92399, CA

How long does it take to sell a home in 92399, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days59 Days+38.5%

Summary: Homes in 92399 had an average of 59 days on market in Nov 2024, up by 38.5% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92399 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 40 homes were sold in 92399; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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

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