Is 93430, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93430 is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 93430 was a Seller's Market.

Key Takeaway

93430 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 93430, CA

How much do homes in 93430, CA cost?

Median Sold Price

$1,395,000

$883/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$120,000(+9.4%)

Key Takeaway

Homes in 93430 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 93430 was $1,395,000 in February 2024, up 9.4% from last year, and the median price per square foot was $883.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $776K$1.0M
+38.2%
2 $1.0M$1.2M
+22.6%
3 $1.5M$1.3M
-6.7%
4 $1.7M$1.9M
+7.5%
5+ --
N/A

Summary: 93430 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.2%, 2 bedroom homes increased by 22.6%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

93430
+9.4%
93465
+4.8%
93442
0.0%
93428
-12.6%

Housing Supply in 93430, CA

How many homes are available in 93430, CA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1819+5.6%

Summary: The 93430 real estate market had 19 homes for sale in February 2024, a 5.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 10
-100.0%
2 57
+40.0%
3 77
0.0%
4 43
-25.0%
5+ 12
+100.0%

Summary: The 93430 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93430, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 93430 in February 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 93430, CA

How long does it take to sell a home in 93430, CA?

Average Sale Time

Feb 2023Feb 2024CHANGE
2 Days7 Days+162.5%

Summary: Homes in 93430 had an average of 7 days on market in Feb 2024, up by 162.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93430 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 2 homes were sold in 93430; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 28 Days Ago

Newest Listings in 93430, CA

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