Is 92590, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92590 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 92590 was a Seller's Market.

Key Takeaway

92590 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 92590, CA

How much do homes in 92590, CA cost?

Median Sold Price

$1,400,000

$443/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$35,000(-2.4%)

Key Takeaway

Homes in 92590 have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in 92590 was $1,400,000 in October 2024, down 2.4% from last year, and the median price per square foot was $443.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $852K-
N/A
3 $1.1M$1.1M
+3.3%
4 $1.5M$1.5M
+0.7%
5+ $1.8M$1.6M
-10.9%

Summary: 92590 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 did not change, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 10.9%.

Median Sold Price Compared To Nearby Zip Codes

92592
+7.8%
92591
+7.2%
92562
+3.5%
92028
+1.6%
92590
-2.4%

Housing Supply in 92590, CA

How many homes are available in 92590, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3237+15.6%

Summary: The 92590 real estate market had 37 homes for sale in October 2024, a 15.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1011
+10.0%
4 1418
+28.6%
5+ 88
0.0%

Summary: The 92590 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 remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92590, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 92590 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 92590, CA

How long does it take to sell a home in 92590, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
64 Days20 Days-68.8%

Summary: Homes in 92590 had an average of 20 days on market in Oct 2024, down by 68.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92590 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 92590; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in 92590, CA

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