Is 92530, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92530 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 92530 has remained a Seller's Market.

Key Takeaway

92530 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92530, CA

How much do homes in 92530, CA cost?

Median Sold Price

$563,166

$319/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,167(+4.3%)

Key Takeaway

Homes in 92530 have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in 92530 was $563,166 in October 2024, up 4.3% from last year, and the median price per square foot was $319.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $305K$325K
+6.6%
2 $362.5K$410K
+13.1%
3 $510K$545K
+6.9%
4 $576.5K$600K
+4.1%
5+ $620K$669.5K
+8.0%

Summary: 92530 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Zip Codes

92679
+13.3%
92532
+7.7%
92595
+5.7%
92530
+4.3%
92562
+3.5%

Housing Supply in 92530, CA

How many homes are available in 92530, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
187193+3.2%

Summary: The 92530 real estate market had 193 homes for sale in October 2024, a 3.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 2527
+8.0%
3 8082
+2.5%
4 6968
-1.4%
5+ 1013
+30.0%

Summary: The 92530 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 30%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35350.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92530, you could pay more than the asking price. 45.7% of homes here sold above asking price last month.

Summary: A total of 35 homes were sold or pending in 92530 in October 2024, the same as the previous month. Of the 35 sold homes, 20% were sold under asking, 34% were sold at asking, and 46% were sold over asking.

Days on Market for 92530, CA

How long does it take to sell a home in 92530, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days30 Days+15.7%

Summary: Homes in 92530 had an average of 30 days on market in Oct 2024, up by 15.7% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 92530 has remained consistent over time.

Summary: During October 2024, 35 homes were sold in 92530; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% 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 12 Days Ago

Newest Listings in 92530, CA

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