Is 92544, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92544 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 92544 has remained a Seller's Market.

Key Takeaway

92544 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92544, CA

How much do homes in 92544, CA cost?

Median Sold Price

$460,000

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+5.7%)

Key Takeaway

Homes in 92544 have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in 92544 was $460,000 in November 2024, up 5.7% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $181K$200K
+10.5%
2 $325K$350K
+7.7%
3 $428.3K$455.5K
+6.3%
4 $475K$505K
+6.3%
5+ $545K$590K
+8.3%

Summary: 92544 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 8.3%.

Median Sold Price Compared To Nearby Zip Codes

92543
+23.3%
92583
+9.2%
92544
+5.7%
92536
-4.8%
92549
-7.3%

Housing Supply in 92544, CA

How many homes are available in 92544, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
182180-1.1%

Summary: The 92544 real estate market had 180 homes for sale in November 2024, a 1.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 3333
0.0%
3 7781
+5.2%
4 5652
-7.1%
5+ 1512
-20.0%

Summary: The 92544 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 remained the same, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2633+26.9%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92544, expect to pay close to the asking price. 36.4% of homes here sold near the asking price last month.

Summary: A total of 33 homes were sold or pending in 92544 in November 2024, up by 26.9% month-over-month. Of the 33 sold homes, 30% were sold under asking, 36% were sold at asking, and 33% were sold over asking.

Days on Market for 92544, CA

How long does it take to sell a home in 92544, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days32 Days+5.3%

Summary: Homes in 92544 had an average of 32 days on market in Nov 2024, up by 5.3% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92544 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 33 homes were sold in 92544; 64% of homes were sold within 30 days, 30% 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 17 Days Ago

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