Is 93004, 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, 93004 has remained a Seller's Market.
Housing Prices in 93004, CA
How much do homes in 93004, CA cost?
Median Sold Price
$830,000
$468/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 93004 was $830,000 in April 2024, up 5.5% from last year, and the median price per square foot was $468.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $420K | $447.5K | +6.5% |
2 Bedrooms | $580K | $592K | +2.1% |
3 Bedrooms | $750K | $805K | +7.3% |
4 Bedrooms | $849.7K | $877.5K | +3.3% |
5+ Bedrooms | $834K | $910K | +9.1% |
Summary: 93004 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 9.1%.
Housing Supply in 93004, CA
How many homes are available in 93004, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 50 | -2.0% |
Summary: The 93004 real estate market had 50 homes for sale in April 2024, a 2.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 7 | 4 | -42.9% |
3 Bedrooms | 13 | 19 | +46.2% |
4 Bedrooms | 21 | 18 | -14.3% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 93004 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 46.2%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 16 | -15.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 93004 in April 2024, down by 15.8% month-over-month. Of the 16 sold homes, 13% were sold under asking, 19% were sold at asking, and 69% were sold over asking.
Days on Market for 93004, CA
How long does it take to sell a home in 93004, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 15 Days | -42.2% |
Summary: Homes in 93004 had an average of 15 days on market in Apr 2024, down by 42.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in 93004; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.