$8,609 Closing Credit*
$725,000
1,374 SqFt
4 Beds
•2 Full Baths
Julie Morgan, Listing Office: Keller Williams Legacy
Is 92509, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 92509 has remained a Seller's Market.
Key Takeaway
92509 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 92509, CA
How much do homes in 92509, CA cost?
Median Sold Price
$649,998
$388/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$69,998(+12.1%)
Key Takeaway
Homes in 92509 have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in 92509 was $649,998 in November 2024, up 12.1% from last year, and the median price per square foot was $388.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $279.9K | $520K | +85.8% |
| 2 Bedrooms | $440K | $500K | +13.6% |
| 3 Bedrooms | $560K | $613K | +9.5% |
| 4 Bedrooms | $646.5K | $677.5K | +4.8% |
| 5+ Bedrooms | $703K | $710.5K | +1.1% |
Summary: 92509 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85.8%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 1.1%.
Housing Supply in 92509, CA
How many homes are available in 92509, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 118 | 105 | -11.0% |
Summary: The 92509 real estate market had 105 homes for sale in November 2024, a 11.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 46 | 35 | -23.9% |
| 4 Bedrooms | 52 | 50 | -3.8% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The 92509 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 23.9%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 21 | -36.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 92509, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in 92509 in November 2024, down by 36.4% month-over-month. Of the 21 sold homes, 14% were sold under asking, 19% were sold at asking, and 67% were sold over asking.
Days on Market for 92509, CA
How long does it take to sell a home in 92509, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 21 Days | -22.7% |
Summary: Homes in 92509 had an average of 21 days on market in Nov 2024, down by 22.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 92509 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in 92509; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.