Is 93455, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 93455 has remained a Seller's Market.
Key Takeaway
93455 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93455, CA
How much do homes in 93455, CA cost?
Median Sold Price
$685,000
$378/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 93455 have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in 93455 was $685,000 in April 2024, up 8.7% from last year, and the median price per square foot was $378.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $725K | $295K | -59.3% |
| 2 Bedrooms | $485K | $476.5K | -1.8% |
| 3 Bedrooms | $620K | $660.5K | +6.5% |
| 4 Bedrooms | $700K | $775K | +10.7% |
| 5+ Bedrooms | $735K | $800K | +8.8% |
Summary: 93455 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.3%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 8.8%.
Median Sold Price Compared To Nearby Zip Codes
| 93434 | $548K | $614.5K | +12.1% |
| 93455 | $630K | $685K | +8.7% |
Housing Supply in 93455, CA
How many homes are available in 93455, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 87 | 102 | +17.2% |
Summary: The 93455 real estate market had 102 homes for sale in April 2024, a 17.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 52 | 59 | +13.5% |
| 4 Bedrooms | 21 | 28 | +33.3% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 93455 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 11.1%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 27 | +3.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93455, you could pay more than the asking price. 51.9% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in 93455 in April 2024, up by 3.8% month-over-month. Of the 27 sold homes, 26% were sold under asking, 22% were sold at asking, and 52% were sold over asking.
Days on Market for 93455, CA
How long does it take to sell a home in 93455, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 30 Days | +47.4% |
Summary: Homes in 93455 had an average of 30 days on market in Apr 2024, up by 47.4% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 93455 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 27 homes were sold in 93455; 85% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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