Is 93953, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 93953 was a Seller's Market.
Key Takeaway
93953 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 93953, CA
How much do homes in 93953, CA cost?
Median Sold Price
$2,740,000
$1,138/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 93953 have sold for 10.2% less than they did a year ago.
Summary: The median home sold price in 93953 was $2,740,000 in April 2024, down 10.2% from last year, and the median price per square foot was $1,138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.2M | $1.5M | +18.1% |
| 3 Bedrooms | $2.2M | $2.5M | +12.1% |
| 4 Bedrooms | $4.2M | $3.5M | -15.9% |
| 5+ Bedrooms | $7.7M | $7.4M | -3.9% |
Summary: 93953 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 18.1%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes decreased by 3.9%.
Housing Supply in 93953, CA
How many homes are available in 93953, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 | 39 | +14.7% |
Summary: The 93953 real estate market had 39 homes for sale in April 2024, a 14.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 11 | 15 | +36.4% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The 93953 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 decreased by 100%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93953, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 93953 in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 93953, CA
How long does it take to sell a home in 93953, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 35 Days | 65 Days | +87.2% |
Summary: Homes in 93953 had an average of 65 days on market in Apr 2024, up by 87.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 93953 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in 93953; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.