Is 93041, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93041 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 93041 has remained a Seller's Market.

Key Takeaway

93041 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93041, CA

How much do homes in 93041, CA cost?

Median Sold Price

$565,470

$465/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,470(+6.7%)

Key Takeaway

Homes in 93041 have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in 93041 was $565,470 in October 2024, up 6.7% from last year, and the median price per square foot was $465.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $379K$402.9K
+6.3%
2 $468K$500K
+6.8%
3 $610K$619.5K
+1.6%
4 $706K$720K
+2.0%
5+ --
N/A

Summary: 93041 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

93041
+6.7%
93033
+5.3%
93035
+5.2%

Housing Supply in 93041, CA

How many homes are available in 93041, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5954-8.5%

Summary: The 93041 real estate market had 54 homes for sale in October 2024, a 8.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 3027
-10.0%
3 2118
-14.3%
4 34
+33.3%
5+ 00
0.0%

Summary: The 93041 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1512-20.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93041, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 93041 in October 2024, down by 20.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.

Days on Market for 93041, CA

How long does it take to sell a home in 93041, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
49 Days36 Days-26.5%

Summary: Homes in 93041 had an average of 36 days on market in Oct 2024, down by 26.5% compared to last year.

Breakdown of Home Sale Times

8 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 93041 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 93041; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 14 Days Ago

Newest Listings in 93041, CA

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