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 October 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

$1,732,500

$646/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$182,500(+11.8%)

Key Takeaway

Homes in 92673 have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in 92673 was $1,732,500 in October 2024, up 11.8% from last year, and the median price per square foot was $646.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $940K$864.5K
-8.0%
3 $1.2M$1.4M
+14.8%
4 $1.6M$1.8M
+12.1%
5+ $1.9M$2.2M
+15.4%

Summary: 92673 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 15.4%.

Median Sold Price Compared To Nearby Zip Codes

92673
+11.8%
92672
+3.1%
92624
+2.1%
92675
+1.7%

Housing Supply in 92673, CA

How many homes are available in 92673, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
100101+1.0%

Summary: The 92673 real estate market had 101 homes for sale in October 2024, a 1.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 2426
+8.3%
4 3942
+7.7%
5+ 2926
-10.3%

Summary: The 92673 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 10.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2422-8.3%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 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. 63.6% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 92673 in October 2024, down by 8.3% month-over-month. Of the 22 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% 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

Oct 2023Oct 2024CHANGE
38 Days43 Days+14.1%

Summary: Homes in 92673 had an average of 43 days on market in Oct 2024, up by 14.1% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

9 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 October 2024, 22 homes were sold in 92673; 50% of homes were sold within 30 days, 41% 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 22 Days Ago

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