Is 93225, 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, 93225 has remained a Buyer's Market.
Housing Prices in 93225, CA
How much do homes in 93225, CA cost?
Median Sold Price
$335,000
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 93225 was $335,000 in April 2024, down 3.9% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $238K | +25.3% |
2 Bedrooms | $302.5K | $290K | -4.1% |
3 Bedrooms | $407.5K | $350K | -14.1% |
4 Bedrooms | $462.7K | $439K | -5.1% |
5+ Bedrooms | $1.2M | $565K | -54.8% |
Summary: 93225 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.3%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 54.8%.
Housing Supply in 93225, CA
How many homes are available in 93225, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
101 | 111 | +9.9% |
Summary: The 93225 real estate market had 111 homes for sale in April 2024, a 9.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 31 | 29 | -6.5% |
3 Bedrooms | 49 | 53 | +8.2% |
4 Bedrooms | 12 | 17 | +41.7% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 93225 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 93225 in April 2024, down by 6.7% month-over-month. Of the 14 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for 93225, CA
How long does it take to sell a home in 93225, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
66 Days | 62 Days | -5.6% |
Summary: Homes in 93225 had an average of 62 days on market in Apr 2024, down by 5.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in 93225; 50% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.