Is 93637, 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, 93637 has remained a Seller's Market.
Housing Prices in 93637, CA
How much do homes in 93637, CA cost?
Median Sold Price
$399,335
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 93637 was $399,335 in April 2024, up 5.1% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $255K | $240K | -5.9% |
3 Bedrooms | $364.3K | $385K | +5.7% |
4 Bedrooms | $415K | $414K | -0.2% |
5+ Bedrooms | $412.7K | $477K | +15.6% |
Summary: 93637 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 5.9%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 15.6%.
Housing Supply in 93637, CA
How many homes are available in 93637, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
76 | 69 | -9.2% |
Summary: The 93637 real estate market had 69 homes for sale in April 2024, a 9.2% decrease 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 | 4 | 5 | +25.0% |
3 Bedrooms | 49 | 38 | -22.4% |
4 Bedrooms | 15 | 18 | +20.0% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 93637 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 increased by 25%, 3 bedroom homes decreased by 22.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 22 | -8.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 93637 in April 2024, down by 8.3% month-over-month. Of the 22 sold homes, 36% were sold under asking, 23% were sold at asking, and 41% were sold over asking.
Days on Market for 93637, CA
How long does it take to sell a home in 93637, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 29 Days | -11.0% |
Summary: Homes in 93637 had an average of 29 days on market in Apr 2024, down by 11% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 93637; 68% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.