Is 92660, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92660 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 92660 was a Seller's Market.

Key Takeaway

92660 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 92660, CA

How much do homes in 92660, CA cost?

Median Sold Price

$2,868,333

$1,119/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$193,333(+7.2%)

Key Takeaway

Homes in 92660 have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in 92660 was $2,868,333 in October 2024, up 7.2% from last year, and the median price per square foot was $1,119.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $760K$770K
+1.3%
2 $1.4M$1.4M
+2.6%
3 $2.1M$2.2M
+5.4%
4 $3.2M$3.8M
+18.8%
5+ $4.5M$4.8M
+7.8%

Summary: 92660 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Zip Codes

92627
+13.4%
92625
+8.3%
92660
+7.2%
92663
+5.1%

Housing Supply in 92660, CA

How many homes are available in 92660, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
116126+8.6%

Summary: The 92660 real estate market had 126 homes for sale in October 2024, a 8.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 1314
+7.7%
3 3742
+13.5%
4 3334
+3.0%
5+ 3236
+12.5%

Summary: The 92660 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2420-16.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92660, you may be able to get a good deal. 65% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 92660 in October 2024, down by 16.7% month-over-month. Of the 20 sold homes, 65% were sold under asking, 30% were sold at asking, and 5% were sold over asking.

Days on Market for 92660, CA

How long does it take to sell a home in 92660, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days26 Days-39.4%

Summary: Homes in 92660 had an average of 26 days on market in Oct 2024, down by 39.4% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92660 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 20 homes were sold in 92660; 65% of homes were sold within 30 days, 35% 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 14 Days Ago

Newest Listings in 92660, CA

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