Is 93711, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 93711 has remained a Seller's Market.
Housing Prices in 93711, CA
How much do homes in 93711, CA cost?
Median Sold Price
$489,500
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 93711 was $489,500 in March 2024, down 2.1% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $226.2K | $225K | -0.6% |
2 Bedrooms | $345K | $333.2K | -3.4% |
3 Bedrooms | $460K | $465K | +1.1% |
4 Bedrooms | $635K | $600.5K | -5.4% |
5+ Bedrooms | $935K | $812.5K | -13.1% |
Summary: 93711 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 13.1%.
Median Sold Price Compared To Nearby Zip Codes
93704 | $361.5K | $388K | +7.3% |
93722 | $385K | $387.2K | +0.6% |
93705 | $305K | $306.6K | 0.5% |
93711 | $500K | $489.5K | -2.1% |
Housing Supply in 93711, CA
How many homes are available in 93711, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
102 | 101 | -1.0% |
Summary: The 93711 real estate market had 101 homes for sale in March 2024, a 1.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 17 | 15 | -11.8% |
3 Bedrooms | 48 | 52 | +8.3% |
4 Bedrooms | 25 | 21 | -16.0% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The 93711 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 22 | -33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 93711 in March 2024, down by 33.3% month-over-month. Of the 22 sold homes, 32% were sold under asking, 27% were sold at asking, and 41% were sold over asking.
Days on Market for 93711, CA
How long does it take to sell a home in 93711, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 36 Days | +28.8% |
Summary: Homes in 93711 had an average of 36 days on market in Mar 2024, up by 28.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in 93711; 68% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.