Is 93402, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 93402 has remained a Seller's Market.
Housing Prices in 93402, CA
How much do homes in 93402, CA cost?
Median Sold Price
$860,000
$602/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 93402 was $860,000 in March 2024, up 1.1% from last year, and the median price per square foot was $602.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $850K | $650K | -23.5% |
2 Bedrooms | $726.5K | $765K | +5.3% |
3 Bedrooms | $870K | $893K | +2.6% |
4 Bedrooms | $1.0M | $1.4M | +38.1% |
5+ Bedrooms | $1.6M | $865K | -46.8% |
Summary: 93402 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.5%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 38.1%, and 5+ bedroom homes decreased by 46.8%.
Housing Supply in 93402, CA
How many homes are available in 93402, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 37 | +12.1% |
Summary: The 93402 real estate market had 37 homes for sale in March 2024, a 12.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 14 | 14 | 0.0% |
3 Bedrooms | 14 | 19 | +35.7% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 93402 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 35.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 18 | +157.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 93402 in March 2024, up by 157.1% month-over-month. Of the 18 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.
Days on Market for 93402, CA
How long does it take to sell a home in 93402, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 23 Days | -51.0% |
Summary: Homes in 93402 had an average of 23 days on market in Mar 2024, down by 51% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in 93402; 78% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.