Is 92841, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92841 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 92841 has remained a Seller's Market.

Key Takeaway

92841 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92841, CA

How much do homes in 92841, CA cost?

Median Sold Price

$975,000

$646/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$12,500(+1.3%)

Key Takeaway

Homes in 92841 have sold for 1.3% more than they did a month ago.

Summary: The median home sold price in 92841 was $975,000 in November 2024, up 1.3% from last month, and the median price per square foot was $646.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $510K$555K
+8.8%
3 $978.5K$910.5K
-6.9%
4 $1.0M$1.0M
0.4%
5+ --
N/A

Summary: 92841 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.8%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

92844
+69.8%
92841
+1.3%

Housing Supply in 92841, CA

How many homes are available in 92841, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3228-12.5%

Summary: The 92841 real estate market had 28 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 1712
-29.4%
4 79
+28.6%
5+ 23
+50.0%

Summary: The 92841 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 29.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
813+62.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92841, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in 92841 in November 2024, up by 62.5% month-over-month. Of the 13 sold homes, 31% were sold under asking, 15% were sold at asking, and 54% were sold over asking.

Days on Market for 92841, CA

How long does it take to sell a home in 92841, CA?

Average Sale Time

Oct 2024Nov 2024CHANGE
19 Days28 Days+46.4%

Summary: Homes in 92841 had an average of 28 days on market in Nov 2024, up by 46.4% compared to last month.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92841 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in 92841; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in 92841, CA

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