Is 92570, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92570 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 92570 has remained a Seller's Market.

Key Takeaway

92570 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92570, CA

How much do homes in 92570, CA cost?

Median Sold Price

$600,000

$342/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$3,500(+0.6%)

Key Takeaway

Homes in 92570 have sold for 0.6% more than they did a month ago.

Summary: The median home sold price in 92570 was $600,000 in December 2024, up 0.6% from last month, and the median price per square foot was $342.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 $275K-
N/A
2 $385.5K$435K
+12.8%
3 $466.2K$600K
+28.7%
4 $632.5K$600K
-5.1%
5+ $750K$775K
+3.3%

Summary: 92570 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 28.7%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 3.3%.

Housing Supply in 92570, CA

How many homes are available in 92570, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10187-13.9%

Summary: The 92570 real estate market had 87 homes for sale in December 2024, a 13.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 129
-25.0%
3 3833
-13.2%
4 3732
-13.5%
5+ 1313
0.0%

Summary: The 92570 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2220-9.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92570, you may be able to get a good deal. 35% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 92570 in December 2024, down by 9.1% month-over-month. Of the 20 sold homes, 35% were sold under asking, 30% were sold at asking, and 35% were sold over asking.

Days on Market for 92570, CA

How long does it take to sell a home in 92570, CA?

Average Sale Time

Nov 2024Dec 2024CHANGE
29 Days34 Days+14.9%

Summary: Homes in 92570 had an average of 34 days on market in Dec 2024, up by 14.9% compared to last month.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92570 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 20 homes were sold in 92570; 65% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 10% 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 6 Days Ago

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