Is 93311, 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, 93311 has remained a Seller's Market.
Housing Prices in 93311, CA
How much do homes in 93311, CA cost?
Median Sold Price
$465,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 93311 was $465,000 in April 2024, down 6.1% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $354.9K | $331.5K | -6.6% |
3 Bedrooms | $385K | $397K | +3.1% |
4 Bedrooms | $570K | $499.9K | -12.3% |
5+ Bedrooms | $549.9K | $515K | -6.4% |
Summary: 93311 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 decreased by 6.6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes decreased by 6.4%.
Median Sold Price Compared To Nearby Zip Codes
93311 | $495K | $465K | -6.1% |
93314 | $590K | $523K | -11.4% |
Housing Supply in 93311, CA
How many homes are available in 93311, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Summary: The 93311 real estate market had 27 homes for sale in April 2024, a 3.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 5 | 3 | -40.0% |
4 Bedrooms | 17 | 18 | +5.9% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 93311 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 12 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 93311 in April 2024, up by 100.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 33% were sold at asking, and 42% were sold over asking.
Days on Market for 93311, CA
How long does it take to sell a home in 93311, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 23 Days | +25.4% |
Summary: Homes in 93311 had an average of 23 days on market in Apr 2024, up by 25.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in 93311; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.