Is 93117, 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, 93117 has remained a Seller's Market.
Housing Prices in 93117, CA
How much do homes in 93117, CA cost?
Median Sold Price
$1,259,500
$796/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 93117 was $1,259,500 in April 2024, up 3% from last year, and the median price per square foot was $796.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $578K | $578K | 0.0% |
2 Bedrooms | $725K | $749K | +3.3% |
3 Bedrooms | $1.2M | $1.3M | +4.0% |
4 Bedrooms | $1.4M | $1.6M | +14.5% |
5+ Bedrooms | $1.5M | $1.8M | +13.4% |
Summary: 93117 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 13.4%.
Median Sold Price Compared To Nearby Zip Codes
93460 | $1.5M | $2.0M | +36.7% |
93436 | $535K | $579K | +8.2% |
93427 | $840K | $900K | +7.1% |
93117 | $1.2M | $1.2M | +3.0% |
93463 | $1.5M | $1.4M | -9.1% |
Housing Supply in 93117, CA
How many homes are available in 93117, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 40 | +8.1% |
Summary: The 93117 real estate market had 40 homes for sale in April 2024, a 8.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 3 | -50.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 9 | 15 | +66.7% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 93117 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 remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 7 | -36.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 93117 in April 2024, down by 36.4% month-over-month. Of the 7 sold homes, 0% were sold under asking, 43% were sold at asking, and 57% were sold over asking.
Days on Market for 93117, CA
How long does it take to sell a home in 93117, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 7 Days | -80.5% |
Summary: Homes in 93117 had an average of 7 days on market in Apr 2024, down by 80.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 93117; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.