Is 93451, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 93451 was a Buyer's Market.
Housing Prices in 93451, CA
How much do homes in 93451, CA cost?
Median Sold Price
$598,000
$437/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 93451 was $598,000 in April 2024, down 0.3% from last month, and the median price per square foot was $437.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $1.0M | $672K | -36.0% |
3 Bedrooms | $527K | $590K | +12.0% |
4 Bedrooms | $600K | $874K | +45.7% |
5+ Bedrooms | - | - | N/A |
Summary: 93451 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 36%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 45.7%, and 5+ bedroom homes did not change.
Housing Supply in 93451, CA
How many homes are available in 93451, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 21 | -4.5% |
Summary: The 93451 real estate market had 21 homes for sale in April 2024, a 4.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 9 | 7 | -22.2% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 93451 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 9 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 93451 in April 2024, up by 200.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 33% were sold at asking, and 44% were sold over asking.
Days on Market for 93451, CA
How long does it take to sell a home in 93451, CA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 13 Days | -47.6% |
Summary: Homes in 93451 had an average of 13 days on market in Apr 2024, down by 47.6% compared to last month.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in 93451; 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.