Is 92571, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92571 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 92571 has remained a Seller's Market.

Key Takeaway

92571 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92571, CA

How much do homes in 92571, CA cost?

Median Sold Price

$525,000

$279/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+6.1%)

Key Takeaway

Homes in 92571 have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in 92571 was $525,000 in November 2024, up 6.1% from last year, and the median price per square foot was $279.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $410K$435K
+6.1%
3 $465K$488K
+4.9%
4 $532.5K$560K
+5.2%
5+ $580K$596.9K
+2.9%

Summary: 92571 housing prices by bedroom type for November 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 4.9%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Zip Codes

92571
+6.1%
92567
+4.9%
92555
+4.3%
92551
+3.9%

Housing Supply in 92571, CA

How many homes are available in 92571, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
121103-14.9%

Summary: The 92571 real estate market had 103 homes for sale in November 2024, a 14.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 117
-36.4%
3 4945
-8.2%
4 4135
-14.6%
5+ 2016
-20.0%

Summary: The 92571 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 36.4%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3523-34.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92571, you could pay more than the asking price. 47.8% of homes here sold above asking price last month.

Summary: A total of 23 homes were sold or pending in 92571 in November 2024, down by 34.3% month-over-month. Of the 23 sold homes, 17% were sold under asking, 35% were sold at asking, and 48% were sold over asking.

Days on Market for 92571, CA

How long does it take to sell a home in 92571, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days35 Days+72.4%

Summary: Homes in 92571 had an average of 35 days on market in Nov 2024, up by 72.4% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92571 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 23 homes were sold in 92571; 57% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 9% 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

Newest Listings in 92571, CA

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