Is 92782, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92782 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 92782 has remained a Seller's Market.

Key Takeaway

92782 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92782, CA

How much do homes in 92782, CA cost?

Median Sold Price

$1,309,100

$718/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$159,100(+13.8%)

Key Takeaway

Homes in 92782 have sold for 13.8% more than they did a year ago.

Summary: The median home sold price in 92782 was $1,309,100 in October 2024, up 13.8% from last year, and the median price per square foot was $718.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $539.5K$595K
+10.3%
2 $765K$855K
+11.8%
3 $1.0M$1.1M
+12.5%
4 $1.6M$1.8M
+8.9%
5+ $2.4M$2.7M
+15.1%

Summary: 92782 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 15.1%.

Median Sold Price Compared To Nearby Zip Codes

92602
+25.3%
92782
+13.8%
92780
+9.0%
92606
+6.0%
92705
+2.9%

Housing Supply in 92782, CA

How many homes are available in 92782, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5953-10.2%

Summary: The 92782 real estate market had 53 homes for sale in October 2024, a 10.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 811
+37.5%
3 1716
-5.9%
4 1914
-26.3%
5+ 119
-18.2%

Summary: The 92782 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 37.5%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1821+16.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92782, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 92782 in October 2024, up by 16.7% month-over-month. Of the 21 sold homes, 67% were sold under asking, 5% were sold at asking, and 29% were sold over asking.

Days on Market for 92782, CA

How long does it take to sell a home in 92782, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days32 Days+90.5%

Summary: Homes in 92782 had an average of 32 days on market in Oct 2024, up by 90.5% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92782 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 21 homes were sold in 92782; 57% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 5% 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 4 Days Ago

Newest Listings in 92782, CA

Nearby Markets to 92782, CA