Is 93313, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93313 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 93313 has remained a Seller's Market.

Key Takeaway

93313 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93313, CA

How much do homes in 93313, CA cost?

Median Sold Price

$412,500

$221/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$33,500(+8.8%)

Key Takeaway

Homes in 93313 have sold for 8.8% more than they did a month ago.

Summary: The median home sold price in 93313 was $412,500 in March 2024, up 8.8% from last month, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $359.5K$397.5K
+10.6%
4 -$432.5K
N/A
5+ $700K-
N/A

Summary: 93313 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 increased by 10.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 93313, CA

How many homes are available in 93313, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2523-8.0%

Summary: The 93313 real estate market had 23 homes for sale in March 2024, a 8.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1512
-20.0%
4 89
+12.5%
5+ 22
0.0%

Summary: The 93313 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93313, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 93313 in March 2024, down by 11.1% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 93313, CA

How long does it take to sell a home in 93313, CA?

Average Sale Time

Feb 2024Mar 2024CHANGE
54 Days36 Days-32.9%

Summary: Homes in 93313 had an average of 36 days on market in Mar 2024, down by 32.9% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93313 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 8 homes were sold in 93313; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

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