Is 92679, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92679 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 92679 has remained a Seller's Market.

Key Takeaway

92679 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92679, CA

How much do homes in 92679, CA cost?

Median Sold Price

$1,525,000

$628/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$152,264(+11.1%)

Key Takeaway

Homes in 92679 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 92679 was $1,525,000 in December 2024, up 11.1% from last year, and the median price per square foot was $628.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $470.2K$515K
+9.5%
2 $760K$775K
+2.0%
3 $999.9K$1.1M
+18.8%
4 $1.5M$1.6M
+6.6%
5+ $1.9M$2.4M
+23.1%

Summary: 92679 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.5%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 23.1%.

Median Sold Price Compared To Nearby Zip Codes

92694
+19.0%
92688
+15.4%
92679
+11.1%
92692
+11.0%
92675
0.0%

Housing Supply in 92679, CA

How many homes are available in 92679, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
137110-19.7%

Summary: The 92679 real estate market had 110 homes for sale in December 2024, a 19.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 21
-50.0%
2 1914
-26.3%
3 3425
-26.5%
4 4833
-31.3%
5+ 3437
+8.8%

Summary: The 92679 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 26.3%, 3 bedroom homes decreased by 26.5%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes increased by 8.8%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4527-40.0%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92679, you may be able to get a good deal. 74.1% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 92679 in December 2024, down by 40.0% month-over-month. Of the 27 sold homes, 74% were sold under asking, 22% were sold at asking, and 4% were sold over asking.

Days on Market for 92679, CA

How long does it take to sell a home in 92679, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
33 Days37 Days+9.6%

Summary: Homes in 92679 had an average of 37 days on market in Dec 2024, up by 9.6% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 92679 has remained consistent over time.

Summary: During December 2024, 27 homes were sold in 92679; 41% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 4% 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 2 Days Ago

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