Is 92595, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92595 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 92595 has remained a Seller's Market.

Key Takeaway

92595 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92595, CA

How much do homes in 92595, CA cost?

Median Sold Price

$647,500

$284/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,500(+5.3%)

Key Takeaway

Homes in 92595 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 92595 was $647,500 in November 2024, up 5.3% from last year, and the median price per square foot was $284.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $437.5K$440K
+0.6%
3 $568.5K$600K
+5.5%
4 $612.5K$651.4K
+6.4%
5+ $685K$706.5K
+3.1%

Summary: 92595 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 0.6%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 3.1%.

Median Sold Price Compared To Nearby Zip Codes

92532
+7.7%
92595
+5.3%
92584
+5.1%
92530
+4.6%
92562
+4.0%

Housing Supply in 92595, CA

How many homes are available in 92595, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7161-14.1%

Summary: The 92595 real estate market had 61 homes for sale in November 2024, a 14.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1921
+10.5%
4 3728
-24.3%
5+ 1512
-20.0%

Summary: The 92595 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 remained the same, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 24.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1814-22.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92595, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 92595 in November 2024, down by 22.2% month-over-month. Of the 14 sold homes, 21% were sold under asking, 21% were sold at asking, and 57% were sold over asking.

Days on Market for 92595, CA

How long does it take to sell a home in 92595, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days49 Days+52.8%

Summary: Homes in 92595 had an average of 49 days on market in Nov 2024, up by 52.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92595 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 14 homes were sold in 92595; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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 3 Days Ago

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