$10,000 Closing Credit*
$1,559,000
1,936 SqFt
3 Beds
•2 Full Baths
Amanda Stanworth, Listing Office: Berkshire Hathaway HomeServices California Properties
Is 93023, 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, 93023 has remained a Buyer's Market.
Key Takeaway
93023 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 93023, CA
How much do homes in 93023, CA cost?
Median Sold Price
$1,275,000
$755/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$145,000(+12.8%)
Key Takeaway
Homes in 93023 have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in 93023 was $1,275,000 in November 2024, up 12.8% from last year, and the median price per square foot was $755.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $780K | $1.1M | +48.1% |
| 2 Bedrooms | $810K | $1.0M | +23.5% |
| 3 Bedrooms | $1.1M | $1.2M | +3.4% |
| 4 Bedrooms | $1.5M | $1.4M | -5.0% |
| 5+ Bedrooms | $2.6M | $3.5M | +34.6% |
Summary: 93023 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.1%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 34.6%.
Housing Supply in 93023, CA
How many homes are available in 93023, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 114 | 106 | -7.0% |
Summary: The 93023 real estate market had 106 homes for sale in November 2024, a 7.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 36 | 30 | -16.7% |
| 4 Bedrooms | 37 | 33 | -10.8% |
| 5+ Bedrooms | 18 | 21 | +16.7% |
Summary: The 93023 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 10 | -41.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93023, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 93023 in November 2024, down by 41.2% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for 93023, CA
How long does it take to sell a home in 93023, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 63 Days | +259.4% |
Summary: Homes in 93023 had an average of 63 days on market in Nov 2024, up by 259.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 93023 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in 93023; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% 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.