92844 Zip Code Real Estate Market Extends Weakness in Price Cuts

Sales in the 92844 zip code market shot up to 10 homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with five price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Potential buyers should note that prices are coming down in the 92844 zip code, and for this period the median sales price slid from $420,000 to $416,500. The rising sales and a low two months of inventory point to the 92844 zip code being a strong seller's market.

Trying to find a home in the 92844 zip code that offers more bathrooms? Then check out these listings that provide the most bathrooms in the area:

$730K   $899K   $369K  

Get started right now by checking out 92844 homes for sale or reviewing 92844 real estate trends.

Demographic facts for the 92844 zip code:

  • The percentage of the population who rent their homes is 52.3%.
  • The job growth projection is 30.4% for the next 10 years.
  • The student per librarian ratio in this area is 3,454:1. (803:1 = national average)

Data reported through 1/11/2017

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Ask a local expert about this area:
Real Estate Ebroker, Inc.
Snapped 8 homes in this area
Realty ONE Group Masters
Snapped 1 home in this area
Berkshire Hathaway HomeServices California Properties
Snapped 1 home in this area

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