Is 92675, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92675 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 92675 has remained a Seller's Market.

Key Takeaway

92675 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92675, CA

How much do homes in 92675, CA cost?

Median Sold Price

$1,271,624

$655/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,624(+1.7%)

Key Takeaway

Homes in 92675 have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in 92675 was $1,271,624 in October 2024, up 1.7% from last year, and the median price per square foot was $655.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $710K$484.9K
-31.7%
2 $739.9K$838.9K
+13.4%
3 $935K$1.0M
+14.7%
4 $1.5M$1.8M
+13.6%
5+ $2.7M$2.8M
+5.7%

Summary: 92675 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.7%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Zip Codes

92694
+17.6%
92673
+11.8%
92677
+10.7%
92624
+2.1%
92675
+1.7%

Housing Supply in 92675, CA

How many homes are available in 92675, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
139149+7.2%

Summary: The 92675 real estate market had 149 homes for sale in October 2024, a 7.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 3032
+6.7%
3 3846
+21.1%
4 3430
-11.8%
5+ 3639
+8.3%

Summary: The 92675 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 21.1%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3036+20.0%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92675, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in 92675 in October 2024, up by 20.0% month-over-month. Of the 36 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% were sold over asking.

Days on Market for 92675, CA

How long does it take to sell a home in 92675, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days42 Days+79.0%

Summary: Homes in 92675 had an average of 42 days on market in Oct 2024, up by 79% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92675 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 36 homes were sold in 92675; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 13 Days Ago

Newest Listings in 92675, CA

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