Is 93003, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 93003 has remained a Seller's Market.
Housing Prices in 93003, CA
How much do homes in 93003, CA cost?
Median Sold Price
$825,000
$535/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 93003 was $825,000 in April 2024, up 9% from last year, and the median price per square foot was $535.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $439K | $410K | -6.6% |
2 Bedrooms | $478.5K | $499K | +4.3% |
3 Bedrooms | $760K | $818K | +7.6% |
4 Bedrooms | $984.5K | $1.0M | +6.9% |
5+ Bedrooms | $1.3M | $1.2M | -2.1% |
Summary: 93003 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.6%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 2.1%.
Housing Supply in 93003, CA
How many homes are available in 93003, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
92 | 91 | -1.1% |
Summary: The 93003 real estate market had 91 homes for sale in April 2024, a 1.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 24 | 22 | -8.3% |
3 Bedrooms | 36 | 35 | -2.8% |
4 Bedrooms | 26 | 27 | +3.8% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 93003 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 30 | +25.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in 93003 in April 2024, up by 25.0% month-over-month. Of the 30 sold homes, 33% were sold under asking, 27% were sold at asking, and 40% were sold over asking.
Days on Market for 93003, CA
How long does it take to sell a home in 93003, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 33 Days | +87.2% |
Summary: Homes in 93003 had an average of 33 days on market in Apr 2024, up by 87.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 30 homes were sold in 93003; 53% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.