Is 92630, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92630 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 92630 has remained a Seller's Market.

Key Takeaway

92630 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92630, CA

How much do homes in 92630, CA cost?

Median Sold Price

$1,211,000

$645/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$110,600(+10.1%)

Key Takeaway

Homes in 92630 have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in 92630 was $1,211,000 in December 2024, up 10.1% from last year, and the median price per square foot was $645.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $410K$445K
+8.5%
2 $595K$629K
+5.7%
3 $1.0M$1.1M
+16.0%
4 $1.2M$1.3M
+8.0%
5+ $1.7M$2.2M
+22.8%

Summary: 92630 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 22.8%.

Median Sold Price Compared To Nearby Zip Codes

92618
+22.2%
92610
+13.1%
92691
+10.8%
92630
+10.1%
92653
+8.2%

Housing Supply in 92630, CA

How many homes are available in 92630, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
146119-18.5%

Summary: The 92630 real estate market had 119 homes for sale in December 2024, a 18.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 43
-25.0%
2 3230
-6.3%
3 4538
-15.6%
4 5035
-30.0%
5+ 1513
-13.3%

Summary: The 92630 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 13.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4431-29.5%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92630, you may be able to get a good deal. 74.2% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 92630 in December 2024, down by 29.5% month-over-month. Of the 31 sold homes, 74% were sold under asking, 6% were sold at asking, and 19% were sold over asking.

Days on Market for 92630, CA

How long does it take to sell a home in 92630, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
27 Days32 Days+20.0%

Summary: Homes in 92630 had an average of 32 days on market in Dec 2024, up by 20% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92630 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 31 homes were sold in 92630; 58% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 3% 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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