Is 93927, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93927 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 93927 has remained a Seller's Market.

Key Takeaway

93927 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93927, CA

How much do homes in 93927, CA cost?

Median Sold Price

$535,000

$362/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$65,000(-10.8%)

Key Takeaway

Homes in 93927 have sold for 10.8% less than they did a month ago.

Summary: The median home sold price in 93927 was $535,000 in April 2024, down 10.8% from last month, and the median price per square foot was $362.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$803.5K
N/A
3 -$535K
N/A
4 $600K-
N/A
5+ -$510K
N/A

Summary: 93927 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 93927, CA

How many homes are available in 93927, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1316+23.1%

Summary: The 93927 real estate market had 16 homes for sale in April 2024, a 23.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 34
+33.3%
4 33
0.0%
5+ 12
+100.0%

Summary: The 93927 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93927, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 93927 in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 93927, CA

How long does it take to sell a home in 93927, CA?

Average Sale Time

Mar 2024Apr 2024CHANGE
54 Days41 Days-23.6%

Summary: Homes in 93927 had an average of 41 days on market in Apr 2024, down by 23.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93927 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 93927; 33% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

Newest Listings in 93927, CA

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