Is 92410, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92410 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 92410 was a Seller's Market.

Key Takeaway

92410 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 92410, CA

How much do homes in 92410, CA cost?

Median Sold Price

$440,000

$359/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+7.3%)

Key Takeaway

Homes in 92410 have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in 92410 was $440,000 in October 2024, up 7.3% from last year, and the median price per square foot was $359.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $893.5K$210K
-76.5%
2 $353K$390K
+10.5%
3 $405K$445K
+9.9%
4 $472K$522.5K
+10.7%
5+ $435K$507.5K
+16.7%

Summary: 92410 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 76.5%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 16.7%.

Median Sold Price Compared To Nearby Zip Codes

92410
+7.3%
92411
+7.3%
92405
+5.8%
92408
-14.6%

Housing Supply in 92410, CA

How many homes are available in 92410, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6268+9.7%

Summary: The 92410 real estate market had 68 homes for sale in October 2024, a 9.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 45
+25.0%
2 1819
+5.6%
3 2330
+30.4%
4 1412
-14.3%
5+ 32
-33.3%

Summary: The 92410 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 30.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
147-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92410, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 92410 in October 2024, down by 50.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for 92410, CA

How long does it take to sell a home in 92410, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days55 Days+98.0%

Summary: Homes in 92410 had an average of 55 days on market in Oct 2024, up by 98% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92410 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 92410; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 92410, CA

Nearby Markets to 92410, CA