Is 93446, 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, 93446 has remained a Seller's Market.
Key Takeaway
93446 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93446, CA
How much do homes in 93446, CA cost?
Median Sold Price
$703,777
$420/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 93446 have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in 93446 was $703,777 in March 2024, up 3.3% from last year, and the median price per square foot was $420.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $638.6K | $240K | -62.4% |
| 2 Bedrooms | $440K | $445K | +1.1% |
| 3 Bedrooms | $670K | $692.5K | +3.4% |
| 4 Bedrooms | $840K | $858K | +2.1% |
| 5+ Bedrooms | $1.5M | $1.0M | -30.9% |
Summary: 93446 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.4%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 30.9%.
Housing Supply in 93446, CA
How many homes are available in 93446, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 144 | 153 | +6.3% |
Summary: The 93446 real estate market had 153 homes for sale in March 2024, a 6.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 22 | 28 | +27.3% |
| 3 Bedrooms | 69 | 73 | +5.8% |
| 4 Bedrooms | 33 | 32 | -3.0% |
| 5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The 93446 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 43 | +65.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93446, you may be able to get a good deal. 39.5% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in 93446 in March 2024, up by 65.4% month-over-month. Of the 43 sold homes, 40% were sold under asking, 23% were sold at asking, and 37% were sold over asking.
Days on Market for 93446, CA
How long does it take to sell a home in 93446, CA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 47 Days | 36 Days | -22.6% |
Summary: Homes in 93446 had an average of 36 days on market in Mar 2024, down by 22.6% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 93446 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 43 homes were sold in 93446; 63% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.