Is 93550, 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, 93550 has remained a Seller's Market.
Housing Prices in 93550, CA
How much do homes in 93550, CA cost?
Median Sold Price
$438,083
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 93550 was $438,083 in April 2024, up 0.6% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $211K | -1.9% |
2 Bedrooms | $340K | $367.5K | +8.1% |
3 Bedrooms | $422.5K | $430K | +1.8% |
4 Bedrooms | $461K | $485K | +5.2% |
5+ Bedrooms | $517K | $539.9K | +4.4% |
Summary: 93550 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 4.4%.
Housing Supply in 93550, CA
How many homes are available in 93550, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
114 | 106 | -7.0% |
Summary: The 93550 real estate market had 106 homes for sale in April 2024, a 7.0% decrease 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 | 10 | 10 | 0.0% |
3 Bedrooms | 58 | 53 | -8.6% |
4 Bedrooms | 41 | 37 | -9.8% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 93550 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 decreased by 8.6%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 29 | -3.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 93550 in April 2024, down by 3.3% month-over-month. Of the 29 sold homes, 28% were sold under asking, 24% were sold at asking, and 48% were sold over asking.
Days on Market for 93550, CA
How long does it take to sell a home in 93550, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 29 Days | -36.3% |
Summary: Homes in 93550 had an average of 29 days on market in Apr 2024, down by 36.3% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 29 homes were sold in 93550; 69% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.