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 November 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

$565,000

$318/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,004(+4.6%)

Key Takeaway

Homes in 92530 have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in 92530 was $565,000 in November 2024, up 4.6% from last year, and the median price per square foot was $318.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $350K$312.5K
-10.7%
2 $360K$410K
+13.9%
3 $514.9K$545K
+5.8%
4 $575K$600K
+4.3%
5+ $620K$667K
+7.6%

Summary: 92530 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.7%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 7.6%.

Median Sold Price Compared To Nearby Zip Codes

92679
+10.8%
92532
+7.7%
92595
+5.3%
92530
+4.6%
92562
+4.0%

Housing Supply in 92530, CA

How many homes are available in 92530, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
188189+0.5%

Summary: The 92530 real estate market had 189 homes for sale in November 2024, a 0.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 31
-66.7%
2 2625
-3.8%
3 8689
+3.5%
4 6259
-4.8%
5+ 1115
+36.4%

Summary: The 92530 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 36.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
36360.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

11 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. 44.4% of homes here sold above asking price last month.

Summary: A total of 36 homes were sold or pending in 92530 in November 2024, the same as the previous month. Of the 36 sold homes, 25% were sold under asking, 31% were sold at asking, and 44% 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

Nov 2023Nov 2024CHANGE
23 Days26 Days+16.4%

Summary: Homes in 92530 had an average of 26 days on market in Nov 2024, up by 16.4% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92530 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 36 homes were sold in 92530; 69% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 6% 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 4 Days Ago

Newest Listings in 92530, CA

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