Is 93449, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93449 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 93449 has remained a Seller's Market.

Key Takeaway

93449 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93449, CA

How much do homes in 93449, CA cost?

Median Sold Price

$1,280,000

$753/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$57,500(+4.7%)

Key Takeaway

Homes in 93449 have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in 93449 was $1,280,000 in April 2024, up 4.7% from last year, and the median price per square foot was $753.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $831K$635K
-23.6%
2 $965.5K$900K
-6.8%
3 $1.3M$1.4M
+11.5%
4 $1.4M$1.5M
+4.5%
5+ $1.7M$2.4M
+43.7%

Summary: 93449 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.6%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 43.7%.

Median Sold Price Compared To Nearby Zip Codes

93433
+6.9%
93405
+6.9%
93420
+6.7%
93449
+4.7%
93401
+4.0%

Housing Supply in 93449, CA

How many homes are available in 93449, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4943-12.2%

Summary: The 93449 real estate market had 43 homes for sale in April 2024, a 12.2% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 32
-33.3%
2 1010
0.0%
3 2623
-11.5%
4 76
-14.3%
5+ 32
-33.3%

Summary: The 93449 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 remained the same, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1211-8.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93449, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 93449 in April 2024, down by 8.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 9% were sold at asking, and 36% were sold over asking.

Days on Market for 93449, CA

How long does it take to sell a home in 93449, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
22 Days81 Days+264.3%

Summary: Homes in 93449 had an average of 81 days on market in Apr 2024, up by 264.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93449 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 11 homes were sold in 93449; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% 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 3 Days Ago

Newest Listings in 93449, CA

Nearby Markets to 93449, CA