$7,113 Closing Credit*
$599,000
792 SqFt
1 Bed
•1 Full Bath
Lorraine Burns, Listing Office: Radius Agent Realty
Is 93001, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 93001 has remained a Seller's Market.
Key Takeaway
93001 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93001, CA
How much do homes in 93001, CA cost?
Median Sold Price
$947,000
$681/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,900(-0.3%)
Key Takeaway
The sold price of homes in 93001 has remained the same since last year.
Summary: The median home sold price in 93001 was $947,000 in November 2024, down 0.3% from last year, and the median price per square foot was $681.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $522K | $562.5K | +7.8% |
| 2 Bedrooms | $660K | $710K | +7.6% |
| 3 Bedrooms | $1.1M | $1.1M | +4.5% |
| 4 Bedrooms | $1.7M | $1.2M | -28.0% |
| 5+ Bedrooms | $1.8M | $1.8M | -3.4% |
Summary: 93001 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.8%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 28%, and 5+ bedroom homes decreased by 3.4%.
Housing Supply in 93001, CA
How many homes are available in 93001, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 128 | 109 | -14.8% |
Summary: The 93001 real estate market had 109 homes for sale in November 2024, a 14.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 44 | 30 | -31.8% |
| 3 Bedrooms | 52 | 48 | -7.7% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 93001 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 31.8%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 22 | -42.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93001, you may be able to get a good deal. 68.2% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 93001 in November 2024, down by 42.1% month-over-month. Of the 22 sold homes, 68% were sold under asking, 14% were sold at asking, and 18% were sold over asking.
Days on Market for 93001, CA
How long does it take to sell a home in 93001, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 83 Days | +45.6% |
Summary: Homes in 93001 had an average of 83 days on market in Nov 2024, up by 45.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 93001 has remained consistent over time.
Summary: During November 2024, 22 homes were sold in 93001; 18% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 32% 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.