$10,000 Closing Credit*
$1,200,000
1,619 SqFt
3 Beds
•2 Full Baths
Mike Meyers, Listing Office: Coldwell Banker Realty
Is 92865, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 92865 was a Buyer's Market.
Key Takeaway
92865 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 92865, CA
How much do homes in 92865, CA cost?
Median Sold Price
$1,040,000
$611/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$146,000(+16.3%)
Key Takeaway
Homes in 92865 have sold for 16.3% more than they did a year ago.
Summary: The median home sold price in 92865 was $1,040,000 in December 2024, up 16.3% from last year, and the median price per square foot was $611.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $494K | N/A |
| 2 Bedrooms | $555K | $610K | +9.9% |
| 3 Bedrooms | $894K | $990K | +10.7% |
| 4 Bedrooms | $996K | $1.1M | +10.4% |
| 5+ Bedrooms | $1.0M | $1.1M | +7.8% |
Summary: 92865 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 7.8%.
Housing Supply in 92865, CA
How many homes are available in 92865, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 | 18 | -21.7% |
Summary: The 92865 real estate market had 18 homes for sale in December 2024, a 21.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 92865 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 92865, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 92865 in December 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for 92865, CA
How long does it take to sell a home in 92865, CA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 17 Days | 10 Days | -41.0% |
Summary: Homes in 92865 had an average of 10 days on market in Dec 2024, down by 41% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 92865 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 6 homes were sold in 92865; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.