Is 93442, 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, 93442 has remained a Seller's Market.
Housing Prices in 93442, CA
How much do homes in 93442, CA cost?
Median Sold Price
$933,500
$646/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 93442 was $933,500 in March 2024, up 1.7% from last year, and the median price per square foot was $646.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $515K | $537.4K | +4.4% |
2 Bedrooms | $789K | $799K | +1.3% |
3 Bedrooms | $1.0M | $1.0M | -2.1% |
4 Bedrooms | $1.3M | $1.1M | -15.8% |
5+ Bedrooms | $1.5M | $1.8M | +13.2% |
Summary: 93442 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes increased by 13.2%.
Housing Supply in 93442, CA
How many homes are available in 93442, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 29 | -3.3% |
Summary: The 93442 real estate market had 29 homes for sale in March 2024, a 3.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 15 | 14 | -6.7% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 93442 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 93442 in March 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for 93442, CA
How long does it take to sell a home in 93442, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
98 Days | 16 Days | -83.8% |
Summary: Homes in 93442 had an average of 16 days on market in Mar 2024, down by 83.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 93442; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.