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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92660 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 92660 has remained a Seller's Market.

Key Takeaway

92660 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92660, CA

How much do homes in 92660, CA cost?

Median Sold Price

$2,966,666

$1,133/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$329,166(+12.5%)

Key Takeaway

Homes in 92660 have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in 92660 was $2,966,666 in November 2024, up 12.5% from last year, and the median price per square foot was $1,133.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $760K$770K
+1.3%
2 $1.5M$1.4M
-2.0%
3 $2.0M$2.2M
+6.6%
4 $3.2M$3.8M
+16.8%
5+ $4.5M$4.8M
+6.6%

Summary: 92660 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 6.6%.

Median Sold Price Compared To Nearby Zip Codes

92660
+12.5%
92627
+10.1%
92625
+7.3%
92663
-5.5%

Housing Supply in 92660, CA

How many homes are available in 92660, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
120117-2.5%

Summary: The 92660 real estate market had 117 homes for sale in November 2024, a 2.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1311
-15.4%
3 3835
-7.9%
4 3538
+8.6%
5+ 3433
-2.9%

Summary: The 92660 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 15.4%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 2.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2130+42.9%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were 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. 56.7% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 92660 in November 2024, up by 42.9% month-over-month. Of the 30 sold homes, 57% were sold under asking, 27% were sold at asking, and 17% 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

Nov 2023Nov 2024CHANGE
45 Days41 Days-9.4%

Summary: Homes in 92660 had an average of 41 days on market in Nov 2024, down by 9.4% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

6 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 November 2024, 30 homes were sold in 92660; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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

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