Is 93601, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93601 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 93601 has remained a Seller's Market.

Key Takeaway

93601 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93601, CA

How much do homes in 93601, CA cost?

Median Sold Price

$520,000

$257/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$40,000(-7.1%)

Key Takeaway

Homes in 93601 have sold for 7.1% less than they did a month ago.

Summary: The median home sold price in 93601 was $520,000 in April 2024, down 7.1% from last month, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $595K$477.5K
-19.7%
4 $560K$545K
-2.7%
5+ --
N/A

Summary: 93601 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 did not change, 3 bedroom homes decreased by 19.7%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes did not change.

Housing Supply in 93601, CA

How many homes are available in 93601, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
18180.0%

Summary: The 93601 real estate market had 18 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 912
+33.3%
4 85
-37.5%
5+ 11
0.0%

Summary: The 93601 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 33.3%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93601, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 93601 in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 93601, CA

How long does it take to sell a home in 93601, CA?

Average Sale Time

Mar 2024Apr 2024CHANGE
142 Days84 Days-40.9%

Summary: Homes in 93601 had an average of 84 days on market in Apr 2024, down by 40.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93601 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 93601; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in 93601, CA

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