Is 93901, 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, 93901 has remained a Seller's Market.
Housing Prices in 93901, CA
How much do homes in 93901, CA cost?
Median Sold Price
$737,500
$456/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 93901 was $737,500 in April 2024, up 5.4% from last year, and the median price per square foot was $456.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $460K | - | N/A |
2 Bedrooms | $535K | $615K | +15.0% |
3 Bedrooms | $712.5K | $750K | +5.3% |
4 Bedrooms | $825K | $765K | -7.3% |
5+ Bedrooms | $860K | $750K | -12.8% |
Summary: 93901 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 increased by 15%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 12.8%.
Housing Supply in 93901, CA
How many homes are available in 93901, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 34 | +3.0% |
Summary: The 93901 real estate market had 34 homes for sale in April 2024, a 3.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 13 | 12 | -7.7% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 93901 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 93901 in April 2024, down by 18.2% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for 93901, CA
How long does it take to sell a home in 93901, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 18 Days | -48.4% |
Summary: Homes in 93901 had an average of 18 days on market in Apr 2024, down by 48.4% compared to last year.
Breakdown of Home Sale Times
6 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, 9 homes were sold in 93901; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.