Is 93035, 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, 93035 has remained a Seller's Market.
Key Takeaway
93035 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93035, CA
How much do homes in 93035, CA cost?
Median Sold Price
$941,833
$576/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 93035 have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in 93035 was $941,833 in April 2024, up 8.7% from last year, and the median price per square foot was $576.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $479K | $465K | -2.9% |
| 2 Bedrooms | $850K | $859K | +1.1% |
| 3 Bedrooms | $1.1M | $1.0M | -5.9% |
| 4 Bedrooms | $827.5K | $1.0M | +32.2% |
| 5+ Bedrooms | $997.5K | $1.5M | +50.4% |
Summary: 93035 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 32.2%, and 5+ bedroom homes increased by 50.4%.
Housing Supply in 93035, CA
How many homes are available in 93035, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 103 | 112 | +8.7% |
Summary: The 93035 real estate market had 112 homes for sale in April 2024, a 8.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 26 | 28 | +7.7% |
| 3 Bedrooms | 35 | 34 | -2.9% |
| 4 Bedrooms | 31 | 37 | +19.4% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 93035 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 21 | -19.2% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93035, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 93035 in April 2024, down by 19.2% month-over-month. Of the 21 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for 93035, CA
How long does it take to sell a home in 93035, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 41 Days | +49.4% |
Summary: Homes in 93035 had an average of 41 days on market in Apr 2024, up by 49.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 93035 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 21 homes were sold in 93035; 62% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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