Is 93654, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93654 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 93654 has remained a Seller's Market.

Key Takeaway

93654 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93654, CA

How much do homes in 93654, CA cost?

Median Sold Price

$394,730

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$22,730(+6.1%)

Key Takeaway

Homes in 93654 have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in 93654 was $394,730 in April 2024, up 6.1% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $150K-
N/A
2 $250K$241K
-3.6%
3 $344.4K$369K
+7.1%
4 $392.6K$417.5K
+6.3%
5+ $436.4K$438.9K
+0.6%

Summary: 93654 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 3.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 0.6%.

Housing Supply in 93654, CA

How many homes are available in 93654, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4349+14.0%

Summary: The 93654 real estate market had 49 homes for sale in April 2024, a 14.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2122
+4.8%
4 1317
+30.8%
5+ 66
0.0%

Summary: The 93654 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 33.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
990.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93654, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 93654 in April 2024, the same as the previous month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.

Days on Market for 93654, CA

How long does it take to sell a home in 93654, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
46 Days46 Days+0.9%

Summary: Homes in 93654 had an average of 46 days on market in Apr 2024, up by 0.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93654 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 9 homes were sold in 93654; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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 93654, CA

Nearby Markets to 93654, CA