Is 93727, 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, 93727 has remained a Seller's Market.
Housing Prices in 93727, CA
How much do homes in 93727, CA cost?
Median Sold Price
$419,149
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 93727 was $419,149 in March 2024, down 0.2% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $94K | $138K | +46.8% |
2 Bedrooms | $217.5K | $217K | -0.2% |
3 Bedrooms | $395K | $385.3K | -2.4% |
4 Bedrooms | $474K | $455K | -4.0% |
5+ Bedrooms | $535K | $523.1K | -2.2% |
Summary: 93727 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.8%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 2.2%.
Median Sold Price Compared To Nearby Zip Codes
93612 | $356.3K | $370K | +3.8% |
93702 | $250K | $256K | +2.4% |
93703 | $295K | $298.5K | +1.2% |
93737 | $499.5K | $500K | 0.1% |
93727 | $420K | $419.1K | -0.2% |
Housing Supply in 93727, CA
How many homes are available in 93727, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
152 | 167 | +9.9% |
Summary: The 93727 real estate market had 167 homes for sale in March 2024, a 9.9% 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 | 11 | 10 | -9.1% |
3 Bedrooms | 76 | 85 | +11.8% |
4 Bedrooms | 46 | 52 | +13.0% |
5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The 93727 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 9.1%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 48 | +60.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in 93727 in March 2024, up by 60.0% month-over-month. Of the 48 sold homes, 38% were sold under asking, 21% were sold at asking, and 42% were sold over asking.
Days on Market for 93727, CA
How long does it take to sell a home in 93727, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 34 Days | -21.2% |
Summary: Homes in 93727 had an average of 34 days on market in Mar 2024, down by 21.2% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 48 homes were sold in 93727; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.