Is 93012, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 93012 has remained a Seller's Market.
Housing Prices in 93012, CA
How much do homes in 93012, CA cost?
Median Sold Price
$773,333
$490/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 93012 was $773,333 in March 2024, up 2.1% from last year, and the median price per square foot was $490.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $430K | $482.5K | +12.2% |
2 Bedrooms | $600K | $619.9K | +3.3% |
3 Bedrooms | $750K | $799K | +6.5% |
4 Bedrooms | $1.1M | $1.1M | -0.2% |
5+ Bedrooms | $1.8M | $1.9M | +2.4% |
Summary: 93012 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.2%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 2.4%.
Housing Supply in 93012, CA
How many homes are available in 93012, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
93 | 99 | +6.5% |
Summary: The 93012 real estate market had 99 homes for sale in March 2024, a 6.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 36 | 30 | -16.7% |
3 Bedrooms | 22 | 23 | +4.5% |
4 Bedrooms | 23 | 31 | +34.8% |
5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The 93012 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 34.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 23 | -11.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 93012 in March 2024, down by 11.5% month-over-month. Of the 23 sold homes, 30% were sold under asking, 30% were sold at asking, and 39% were sold over asking.
Days on Market for 93012, CA
How long does it take to sell a home in 93012, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
35 Days | 32 Days | -8.0% |
Summary: Homes in 93012 had an average of 32 days on market in Mar 2024, down by 8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 93012; 78% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.