Is 93722, 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, 93722 has remained a Seller's Market.
Housing Prices in 93722, CA
How much do homes in 93722, CA cost?
Median Sold Price
$387,250
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 93722 was $387,250 in March 2024, up 0.6% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $144K | $167.5K | +16.3% |
2 Bedrooms | $313K | $302.5K | -3.4% |
3 Bedrooms | $365K | $373.2K | +2.3% |
4 Bedrooms | $428.2K | $445K | +3.9% |
5+ Bedrooms | $525K | $533.6K | +1.7% |
Summary: 93722 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.3%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Zip Codes
93723 | $462.7K | $507.4K | +9.7% |
93728 | $295K | $309K | +4.7% |
93722 | $385K | $387.2K | +0.6% |
93705 | $305K | $306.6K | 0.5% |
93711 | $500K | $489.5K | -2.1% |
Housing Supply in 93722, CA
How many homes are available in 93722, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
149 | 150 | +0.7% |
Summary: The 93722 real estate market had 150 homes for sale in March 2024, a 0.7% increase 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 | 8 | 11 | +37.5% |
3 Bedrooms | 89 | 84 | -5.6% |
4 Bedrooms | 32 | 38 | +18.8% |
5+ Bedrooms | 19 | 16 | -15.8% |
Summary: The 93722 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 increased by 37.5%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 15.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 41 | +24.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in 93722 in March 2024, up by 24.2% month-over-month. Of the 41 sold homes, 32% were sold under asking, 20% were sold at asking, and 49% were sold over asking.
Days on Market for 93722, CA
How long does it take to sell a home in 93722, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 25 Days | -18.7% |
Summary: Homes in 93722 had an average of 25 days on market in Mar 2024, down by 18.7% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 41 homes were sold in 93722; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.