Is 92882, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 92882 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 92882 has remained a Seller's Market.

Key Takeaway

92882 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 92882, CA

How much do homes in 92882, CA cost?

Median Sold Price

$766,666

$426/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$54,866(+7.7%)

Key Takeaway

Homes in 92882 have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in 92882 was $766,666 in December 2024, up 7.7% from last year, and the median price per square foot was $426.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $350K$375K
+7.1%
2 $456K$470K
+3.1%
3 $656.2K$715K
+8.9%
4 $797.5K$870K
+9.1%
5+ $949K$982K
+3.5%

Summary: 92882 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 3.5%.

Median Sold Price Compared To Nearby Zip Codes

92882
+7.7%
92881
+7.6%
92880
+7.0%
92879
+6.0%

Housing Supply in 92882, CA

How many homes are available in 92882, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
132114-13.6%

Summary: The 92882 real estate market had 114 homes for sale in December 2024, a 13.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 86
-25.0%
2 1111
0.0%
3 4340
-7.0%
4 4235
-16.7%
5+ 2822
-21.4%

Summary: The 92882 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 21.4%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3142+35.5%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 92882, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in 92882 in December 2024, up by 35.5% month-over-month. Of the 42 sold homes, 36% were sold under asking, 31% were sold at asking, and 33% were sold over asking.

Days on Market for 92882, CA

How long does it take to sell a home in 92882, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
23 Days40 Days+75.0%

Summary: Homes in 92882 had an average of 40 days on market in Dec 2024, up by 75% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 92882 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 42 homes were sold in 92882; 52% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 14% 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 7 Days Ago

Newest Listings in 92882, CA

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