Is 93308, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 93308 has remained a Seller's Market.
Key Takeaway
93308 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93308, CA
How much do homes in 93308, CA cost?
Median Sold Price
$281,000
$206/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 93308 have sold for 14.6% less than they did a month ago.
Summary: The median home sold price in 93308 was $281,000 in March 2024, down 14.6% from last month, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | - | N/A |
| 3 Bedrooms | $320K | $268K | -16.3% |
| 4 Bedrooms | $315K | $460K | +46.0% |
| 5+ Bedrooms | $809.9K | - | N/A |
Summary: 93308 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 16.3%, 4 bedroom homes increased by 46%, and 5+ bedroom homes did not change.
Housing Supply in 93308, CA
How many homes are available in 93308, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 38 | +18.8% |
Summary: The 93308 real estate market had 38 homes for sale in March 2024, a 18.8% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 16 | 22 | +37.5% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 93308 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 increased by 33.3%, 3 bedroom homes increased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93308, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 93308 in March 2024, up by 25.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 93308, CA
How long does it take to sell a home in 93308, CA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 Days | 52 Days | +9.8% |
Summary: Homes in 93308 had an average of 52 days on market in Mar 2024, up by 9.8% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 93308 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in 93308; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.