$8,301 Closing Credit*
$699,000
1,524 SqFt
3 Beds
•2 Full Baths, 1 Partial
Stephanie Francoeur, Listing Office: BHHS CA Properties
Is 92879, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 92879 has remained a Seller's Market.
Key Takeaway
92879 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 92879, CA
How much do homes in 92879, CA cost?
Median Sold Price
$698,356
$417/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$60,506(+9.5%)
Key Takeaway
Homes in 92879 have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in 92879 was $698,356 in October 2024, up 9.5% from last year, and the median price per square foot was $417.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $360K | 0.0% |
| 2 Bedrooms | $461.5K | $475K | +2.9% |
| 3 Bedrooms | $625K | $665.9K | +6.6% |
| 4 Bedrooms | $708.5K | $760K | +7.3% |
| 5+ Bedrooms | $877.4K | $865K | -1.4% |
Summary: 92879 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 1.4%.
Housing Supply in 92879, CA
How many homes are available in 92879, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 83 | 77 | -7.2% |
Summary: The 92879 real estate market had 77 homes for sale in October 2024, a 7.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 27 | 24 | -11.1% |
| 4 Bedrooms | 24 | 23 | -4.2% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The 92879 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 13 | -43.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 92879, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 92879 in October 2024, down by 43.5% month-over-month. Of the 13 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.
Days on Market for 92879, CA
How long does it take to sell a home in 92879, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 25 Days | +23.4% |
Summary: Homes in 92879 had an average of 25 days on market in Oct 2024, up by 23.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 92879 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 92879; 62% of homes were sold within 30 days, 38% 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.