Is 92661, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92661 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 92661 was a Buyer's Market.

Key Takeaway

92661 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92661, CA

How much do homes in 92661, CA cost?

Median Sold Price

$5,350,000

$2,120/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,350,000(+33.8%)

Key Takeaway

Homes in 92661 have sold for 33.8% more than they did a year ago.

Summary: The median home sold price in 92661 was $5,350,000 in November 2024, up 33.8% from last year, and the median price per square foot was $2,120.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $2.6M$1.6M
-37.2%
3 $3.9M$3.3M
-14.9%
4 $6.3M$6.7M
+6.9%
5+ $4.1M$6.9M
+66.3%

Summary: 92661 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 decreased by 37.2%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 66.3%.

Median Sold Price Compared To Nearby Zip Codes

92661
+33.8%
92660
+12.5%
92625
+7.3%
92663
-5.5%

Housing Supply in 92661, CA

How many homes are available in 92661, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
40400.0%

Summary: The 92661 real estate market had 40 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1315
+15.4%
4 1512
-20.0%
5+ 1011
+10.0%

Summary: The 92661 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 15.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

7 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 92661, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 92661 in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 92661, CA

How long does it take to sell a home in 92661, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days68 Days+136.9%

Summary: Homes in 92661 had an average of 68 days on market in Nov 2024, up by 136.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 92661 has remained consistent over time.

Summary: During November 2024, 7 homes were sold in 92661; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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

Newest Listings in 92661, CA

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