Is 93314, 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, 93314 has remained a Seller's Market.
Housing Prices in 93314, CA
How much do homes in 93314, CA cost?
Median Sold Price
$523,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 93314 was $523,000 in April 2024, down 11.4% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $565K | N/A |
3 Bedrooms | $462.5K | $465K | 0.5% |
4 Bedrooms | $569K | $575K | +1.1% |
5+ Bedrooms | $722.5K | $782.5K | +8.3% |
Summary: 93314 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 did not change, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Zip Codes
93311 | $495K | $465K | -6.1% |
93314 | $590K | $523K | -11.4% |
Housing Supply in 93314, CA
How many homes are available in 93314, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 31 | +14.8% |
Summary: The 93314 real estate market had 31 homes for sale in April 2024, a 14.8% increase 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 | 0 | 1 | +100.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 9 | 14 | +55.6% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 93314 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 increased by 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 93314 in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 93314, CA
How long does it take to sell a home in 93314, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 50 Days | +215.2% |
Summary: Homes in 93314 had an average of 50 days on market in Apr 2024, up by 215.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 93314; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.