Is 93551, 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, 93551 has remained a Seller's Market.
Housing Prices in 93551, CA
How much do homes in 93551, CA cost?
Median Sold Price
$579,987
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 93551 was $579,987 in April 2024, up 1.4% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $399.5K | - | N/A |
2 Bedrooms | $397.5K | $393K | -1.1% |
3 Bedrooms | $511K | $521.5K | +2.1% |
4 Bedrooms | $570.2K | $585K | +2.6% |
5+ Bedrooms | $650K | $660K | +1.5% |
Summary: 93551 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 decreased by 1.1%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 1.5%.
Housing Supply in 93551, CA
How many homes are available in 93551, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
164 | 198 | +20.7% |
Summary: The 93551 real estate market had 198 homes for sale in April 2024, a 20.7% 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 | 6 | 6 | 0.0% |
3 Bedrooms | 42 | 59 | +40.5% |
4 Bedrooms | 71 | 84 | +18.3% |
5+ Bedrooms | 44 | 48 | +9.1% |
Summary: The 93551 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 40.5%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 34 | +3.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in 93551 in April 2024, up by 3.0% month-over-month. Of the 34 sold homes, 35% were sold under asking, 24% were sold at asking, and 41% were sold over asking.
Days on Market for 93551, CA
How long does it take to sell a home in 93551, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 37 Days | +5.0% |
Summary: Homes in 93551 had an average of 37 days on market in Apr 2024, up by 5% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 34 homes were sold in 93551; 71% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.