Is 93505, 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, 93505 has remained a Seller's Market.
Housing Prices in 93505, CA
How much do homes in 93505, CA cost?
Median Sold Price
$290,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 93505 was $290,000 in April 2024, up 2.6% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | - | N/A |
2 Bedrooms | $182.5K | $219.9K | +20.5% |
3 Bedrooms | $275K | $282K | +2.5% |
4 Bedrooms | $325K | $343K | +5.5% |
5+ Bedrooms | $319K | $409.5K | +28.4% |
Summary: 93505 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.5%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 28.4%.
Median Sold Price Compared To Nearby Zip Codes
93501 | $228.5K | $244.3K | +6.9% |
93505 | $282.7K | $290K | +2.6% |
Housing Supply in 93505, CA
How many homes are available in 93505, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 65 | +4.8% |
Summary: The 93505 real estate market had 65 homes for sale in April 2024, a 4.8% increase 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 | 2 | 2 | 0.0% |
3 Bedrooms | 31 | 33 | +6.5% |
4 Bedrooms | 23 | 22 | -4.3% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 93505 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 remained the same, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 93505 in April 2024, up by 7.1% month-over-month. Of the 15 sold homes, 33% were sold under asking, 47% were sold at asking, and 20% were sold over asking.
Days on Market for 93505, CA
How long does it take to sell a home in 93505, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 57 Days | +30.9% |
Summary: Homes in 93505 had an average of 57 days on market in Apr 2024, up by 30.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in 93505; 40% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.