Is 92543, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92543 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 92543 has remained a Seller's Market.

Key Takeaway

92543 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92543, CA

How much do homes in 92543, CA cost?

Median Sold Price

$440,000

$279/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$72,550(+19.7%)

Key Takeaway

Homes in 92543 have sold for 19.7% more than they did a year ago.

Summary: The median home sold price in 92543 was $440,000 in October 2024, up 19.7% from last year, and the median price per square foot was $279.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $226K-
N/A
2 $297K$315K
+6.1%
3 $392.5K$459.9K
+17.2%
4 $478.6K$509.4K
+6.4%
5+ $687.5K$578.9K
-15.8%

Summary: 92543 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 15.8%.

Median Sold Price Compared To Nearby Zip Codes

92543
+19.7%
92583
+9.5%
92544
+5.6%
92582
+3.4%
92545
+2.0%

Housing Supply in 92543, CA

How many homes are available in 92543, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
174163-6.3%

Summary: The 92543 real estate market had 163 homes for sale in October 2024, a 6.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 5155
+7.8%
3 7667
-11.8%
4 4235
-16.7%
5+ 56
+20.0%

Summary: The 92543 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 7.8%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3830-21.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92543, expect to pay close to the asking price. 36.7% of homes here sold near the asking price last month.

Summary: A total of 30 homes were sold or pending in 92543 in October 2024, down by 21.1% month-over-month. Of the 30 sold homes, 27% were sold under asking, 37% were sold at asking, and 37% were sold over asking.

Days on Market for 92543, CA

How long does it take to sell a home in 92543, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days48 Days+28.4%

Summary: Homes in 92543 had an average of 48 days on market in Oct 2024, up by 28.4% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92543 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 30 homes were sold in 92543; 50% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 13% 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

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