Is 93930, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93930 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 93930 was a Seller's Market.

Key Takeaway

93930 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 93930, CA

How much do homes in 93930, CA cost?

Median Sold Price

$500,000

$325/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$33,390(+7.2%)

Key Takeaway

Homes in 93930 have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in 93930 was $500,000 in April 2024, up 7.2% from last year, and the median price per square foot was $325.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $297.5K$382.5K
+28.6%
3 $458.5K$497.5K
+8.5%
4 $535K$574K
+7.3%
5+ $769.5K$653.3K
-15.1%

Summary: 93930 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 28.6%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 15.1%.

Housing Supply in 93930, CA

How many homes are available in 93930, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2219-13.6%

Summary: The 93930 real estate market had 19 homes for sale in April 2024, a 13.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 159
-40.0%
4 57
+40.0%
5+ 11
0.0%

Summary: The 93930 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 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93930, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 93930 in April 2024, down by 40.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 93930, CA

How long does it take to sell a home in 93930, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
27 Days82 Days+194.2%

Summary: Homes in 93930 had an average of 82 days on market in Apr 2024, up by 194.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93930 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 93930; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 1 Day Ago

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