Is 93015, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93015 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 93015 was a Buyer's Market.

Key Takeaway

93015 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 93015, CA

How much do homes in 93015, CA cost?

Median Sold Price

$710,000

$419/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+6.0%)

Key Takeaway

Homes in 93015 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 93015 was $710,000 in November 2024, up 6% from last year, and the median price per square foot was $419.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $501.5K$500K
-0.3%
3 $631.2K$682.4K
+8.1%
4 $735K$865K
+17.7%
5+ $825K$835K
+1.2%

Summary: 93015 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 decreased by 0.3%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Zip Codes

93021
+10.7%
93063
+6.9%
93015
+6.0%
91384
+4.3%

Housing Supply in 93015, CA

How many homes are available in 93015, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4953+8.2%

Summary: The 93015 real estate market had 53 homes for sale in November 2024, a 8.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 2323
0.0%
4 1620
+25.0%
5+ 109
-10.0%

Summary: The 93015 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93015, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in 93015 in November 2024, up by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for 93015, CA

How long does it take to sell a home in 93015, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days94 Days+140.2%

Summary: Homes in 93015 had an average of 94 days on market in Nov 2024, up by 140.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93015 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 93015; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

Newest Listings in 93015, CA

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