Is 92673, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92673 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 92673 has remained a Seller's Market.

Key Takeaway

92673 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92673, CA

How much do homes in 92673, CA cost?

Median Sold Price

$1,730,000

$650/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$155,000(+9.8%)

Key Takeaway

Homes in 92673 have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in 92673 was $1,730,000 in November 2024, up 9.8% from last year, and the median price per square foot was $650.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $940K$912K
-3.0%
3 $1.2M$1.4M
+8.5%
4 $1.6M$1.8M
+10.8%
5+ $2.0M$2.2M
+12.5%

Summary: 92673 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 3%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 12.5%.

Median Sold Price Compared To Nearby Zip Codes

92673
+9.8%
92672
+1.7%
92675
+1.5%
92624
+0.6%

Housing Supply in 92673, CA

How many homes are available in 92673, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10196-5.0%

Summary: The 92673 real estate market had 96 homes for sale in November 2024, a 5.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 74
-42.9%
3 3031
+3.3%
4 3935
-10.3%
5+ 2526
+4.0%

Summary: The 92673 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 42.9%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23230.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92673, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 92673 in November 2024, the same as the previous month. Of the 23 sold homes, 57% were sold under asking, 9% were sold at asking, and 35% were sold over asking.

Days on Market for 92673, CA

How long does it take to sell a home in 92673, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days36 Days+7.3%

Summary: Homes in 92673 had an average of 36 days on market in Nov 2024, up by 7.3% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92673 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 23 homes were sold in 92673; 61% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 9% 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 23 Days Ago

Newest Listings in 92673, CA

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