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 October 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

$1,503,098

$619/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$176,598(+13.3%)

Key Takeaway

Homes in 92679 have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in 92679 was $1,503,098 in October 2024, up 13.3% from last year, and the median price per square foot was $619.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $470.2K$550K
+17.0%
2 $760K$763K
0.4%
3 $972.5K$1.1M
+16.1%
4 $1.5M$1.5M
+2.9%
5+ $1.9M$2.4M
+26.3%

Summary: 92679 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 26.3%.

Median Sold Price Compared To Nearby Zip Codes

92694
+17.6%
92692
+14.0%
92679
+13.3%
92688
+13.2%
92675
+1.7%

Housing Supply in 92679, CA

How many homes are available in 92679, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
187178-4.8%

Summary: The 92679 real estate market had 178 homes for sale in October 2024, a 4.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 2326
+13.0%
3 4843
-10.4%
4 6558
-10.8%
5+ 4849
+2.1%

Summary: The 92679 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 13%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes increased by 2.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4437-15.9%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

11 Homes Were 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. 56.8% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in 92679 in October 2024, down by 15.9% month-over-month. Of the 37 sold homes, 57% were sold under asking, 14% were sold at asking, and 30% 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

Oct 2023Oct 2024CHANGE
28 Days38 Days+35.9%

Summary: Homes in 92679 had an average of 38 days on market in Oct 2024, up by 35.9% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92679 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 37 homes were sold in 92679; 49% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 8% 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

Newest Listings in 92679, CA

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