Is 93445, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93445 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 93445 was a Seller's Market.

Key Takeaway

93445 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 93445, CA

How much do homes in 93445, CA cost?

Median Sold Price

$591,500

$508/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$73,500(-11.1%)

Key Takeaway

Homes in 93445 have sold for 11.1% less than they did a year ago.

Summary: The median home sold price in 93445 was $591,500 in April 2024, down 11.1% from last year, and the median price per square foot was $508.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $336.5K$331K
-1.6%
2 $489.9K$522K
+6.5%
3 $766K$637.5K
-16.8%
4 $899K$786K
-12.6%
5+ $930K-
N/A

Summary: 93445 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 16.8%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

93433
+6.9%
93420
+6.7%
93445
-11.1%

Housing Supply in 93445, CA

How many homes are available in 93445, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1311-15.4%

Summary: The 93445 real estate market had 11 homes for sale in April 2024, a 15.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 32
-33.3%
2 53
-40.0%
3 45
+25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 93445 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93445, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 93445 in April 2024, down by 83.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 93445, CA

How long does it take to sell a home in 93445, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
66 Days14 Days-78.8%

Summary: Homes in 93445 had an average of 14 days on market in Apr 2024, down by 78.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 93445 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 93445; 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 4 Days Ago

Newest Listings in 93445, CA

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