$10,000 Closing Credit*
$995,000
1,459 SqFt
3 Beds
•2 Full Baths
Jose Morales, Listing Office: eXp Realty of California, Inc
Is 93012, 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, 93012 has remained a Seller's Market.
Key Takeaway
93012 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93012, CA
How much do homes in 93012, CA cost?
Median Sold Price
$820,000
$507/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$70,000(+9.3%)
Key Takeaway
Homes in 93012 have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in 93012 was $820,000 in November 2024, up 9.3% from last year, and the median price per square foot was $507.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $462.5K | - | N/A |
| 2 Bedrooms | $600K | $646.9K | +7.8% |
| 3 Bedrooms | $780K | $811K | +4.0% |
| 4 Bedrooms | $1.1M | $1.1M | +5.9% |
| 5+ Bedrooms | $2.0M | $1.9M | -2.5% |
Summary: 93012 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 2.5%.
Housing Supply in 93012, CA
How many homes are available in 93012, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 112 | 89 | -20.5% |
Summary: The 93012 real estate market had 89 homes for sale in November 2024, a 20.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 46 | 35 | -23.9% |
| 3 Bedrooms | 24 | 18 | -25.0% |
| 4 Bedrooms | 22 | 16 | -27.3% |
| 5+ Bedrooms | 20 | 20 | 0.0% |
Summary: The 93012 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.9%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 17 | -57.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93012, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 93012 in November 2024, down by 57.5% month-over-month. Of the 17 sold homes, 65% were sold under asking, 6% were sold at asking, and 29% were sold over asking.
Days on Market for 93012, CA
How long does it take to sell a home in 93012, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 37 Days | +36.4% |
Summary: Homes in 93012 had an average of 37 days on market in Nov 2024, up by 36.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 93012 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 93012; 53% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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