Is 93906, 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, 93906 has remained a Seller's Market.
Housing Prices in 93906, CA
How much do homes in 93906, CA cost?
Median Sold Price
$665,000
$448/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 93906 was $665,000 in April 2024, up 2.3% from last year, and the median price per square foot was $448.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $299K | $329.9K | +10.3% |
2 Bedrooms | $420K | $542.5K | +29.2% |
3 Bedrooms | $649K | $650K | 0.2% |
4 Bedrooms | $742K | $759.5K | +2.4% |
5+ Bedrooms | $825K | $865K | +4.8% |
Summary: 93906 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 4.8%.
Housing Supply in 93906, CA
How many homes are available in 93906, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 49 | -2.0% |
Summary: The 93906 real estate market had 49 homes for sale in April 2024, a 2.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 27 | 22 | -18.5% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The 93906 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 20 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 93906 in April 2024, the same as the previous month. Of the 20 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 93906, CA
How long does it take to sell a home in 93906, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 38 Days | +23.2% |
Summary: Homes in 93906 had an average of 38 days on market in Apr 2024, up by 23.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in 93906; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.