Is 93426, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93426 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 93426 was a Buyer's Market.

Key Takeaway

93426 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93426, CA

How much do homes in 93426, CA cost?

Median Sold Price

$557,500

$323/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$37,000(-6.2%)

Key Takeaway

Homes in 93426 have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in 93426 was $557,500 in April 2024, down 6.2% from last year, and the median price per square foot was $323.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$550K
N/A
2 $444K$412K
-7.2%
3 $512.5K$560K
+9.3%
4 $727K$847.5K
+16.6%
5+ $900K$637K
-29.2%

Summary: 93426 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 7.2%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes decreased by 29.2%.

Median Sold Price Compared To Nearby Zip Codes

93446
+5.4%
93426
-6.2%

Housing Supply in 93426, CA

How many homes are available in 93426, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2021+5.0%

Summary: The 93426 real estate market had 21 homes for sale in April 2024, a 5.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 21
-50.0%
3 98
-11.1%
4 55
0.0%
5+ 25
+150.0%

Summary: The 93426 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 decreased by 50%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93426, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 93426 in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 93426, CA

How long does it take to sell a home in 93426, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
112 Days91 Days-18.8%

Summary: Homes in 93426 had an average of 91 days on market in Apr 2024, down by 18.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93426 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 93426; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 2 Days Ago

Newest Listings in 93426, CA

Nearby Markets to 93426, CA