Is 93648, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93648 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 93648 has remained a Seller's Market.

Key Takeaway

93648 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93648, CA

How much do homes in 93648, CA cost?

Median Sold Price

$365,000

$279/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$36,250(+11.0%)

Key Takeaway

Homes in 93648 have sold for 11% more than they did a month ago.

Summary: The median home sold price in 93648 was $365,000 in November 2024, up 11% from last month, and the median price per square foot was $279.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $286.2K$485K
+69.4%
4 -$365K
N/A
5+ $897.5K-
N/A

Summary: 93648 housing prices by bedroom type for November 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 increased by 69.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 93648, CA

How many homes are available in 93648, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1711-35.3%

Summary: The 93648 real estate market had 11 homes for sale in November 2024, a 35.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 117
-36.4%
4 44
0.0%
5+ 20
-100.0%

Summary: The 93648 housing inventory by bedroom type for November 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 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93648, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 93648 in November 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for 93648, CA

How long does it take to sell a home in 93648, CA?

Average Sale Time

Oct 2024Nov 2024CHANGE
18 Days32 Days+73.3%

Summary: Homes in 93648 had an average of 32 days on market in Nov 2024, up by 73.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93648 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 93648; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 9 Days Ago

Newest Listings in 93648, CA

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