Home Sales Decline in 92563 Zip Code Real Estate Market

Home sales in the 92563 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 18.3% to 89 homes sold over the last 30 days. In comparison, the nearby 92592 zip code had 105 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $377,000 over the latest reporting period for the 92563 zip code, down from $377,500. In spite of the decrease in sales, a low two months of inventory signals that the 92563 zip code is a strong seller's market.

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Demographic facts for the 92563 zip code:

  • The percentage of people who own their homes is 68.4%.
  • The one-year job growth rate in this area is 1.16%.
  • The student-to-teacher ratio is 24.4:1. (15.3:1 = national average)

Data reported through 1/11/2017

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