Is 93060, 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, 93060 has remained a Seller's Market.
Key Takeaway
93060 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93060, CA
How much do homes in 93060, CA cost?
Median Sold Price
$715,000
$423/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 93060 have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in 93060 was $715,000 in April 2024, up 4.4% from last year, and the median price per square foot was $423.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $299.5K | $350K | +16.9% |
| 2 Bedrooms | $445K | $415K | -6.7% |
| 3 Bedrooms | $697.5K | $720K | +3.2% |
| 4 Bedrooms | $710K | $770K | +8.5% |
| 5+ Bedrooms | $899.9K | $855K | -5.0% |
Summary: 93060 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.9%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 5%.
Housing Supply in 93060, CA
How many homes are available in 93060, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 51 | 51 | 0.0% |
Summary: The 93060 real estate market had 51 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 26 | 22 | -15.4% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 93060 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 increased by 42.9%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93060, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 93060 in April 2024, down by 25.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for 93060, CA
How long does it take to sell a home in 93060, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 24 Days | +22.4% |
Summary: Homes in 93060 had an average of 24 days on market in Apr 2024, up by 22.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 93060 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in 93060; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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