Is 93720, 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, 93720 has remained a Seller's Market.
Housing Prices in 93720, CA
How much do homes in 93720, CA cost?
Median Sold Price
$474,991
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 93720 was $474,991 in April 2024, up 2.1% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235.5K | $237K | +0.6% |
2 Bedrooms | $309.9K | $315.5K | +1.8% |
3 Bedrooms | $445K | $445K | 0.0% |
4 Bedrooms | $530K | $585K | +10.4% |
5+ Bedrooms | $690K | $682.5K | -1.1% |
Summary: 93720 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 1.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 1.1%.
Median Sold Price Compared To Nearby Zip Codes
93611 | $465K | $490K | +5.4% |
93720 | $465K | $474.9K | +2.1% |
93710 | $385K | $390K | +1.3% |
93730 | $643.4K | $650K | +1.0% |
93711 | $500K | $489.7K | -2.1% |
Housing Supply in 93720, CA
How many homes are available in 93720, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
113 | 119 | +5.3% |
Summary: The 93720 real estate market had 119 homes for sale in April 2024, a 5.3% increase 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 | 10 | 12 | +20.0% |
3 Bedrooms | 59 | 59 | 0.0% |
4 Bedrooms | 33 | 33 | 0.0% |
5+ Bedrooms | 11 | 15 | +36.4% |
Summary: The 93720 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 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 33 | -15.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 93720 in April 2024, down by 15.4% month-over-month. Of the 33 sold homes, 30% were sold under asking, 30% were sold at asking, and 39% were sold over asking.
Days on Market for 93720, CA
How long does it take to sell a home in 93720, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 14 Days | -41.9% |
Summary: Homes in 93720 had an average of 14 days on market in Apr 2024, down by 41.9% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in 93720; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.