$10,000 Closing Credit*
$949,000
1,602 SqFt
4 Beds
•2 Full Baths, 1 Partial
Erik Sellfors, Listing Office: Cambridge Homes
Is 93063, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 93063 has remained a Seller's Market.
Key Takeaway
93063 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93063, CA
How much do homes in 93063, CA cost?
Median Sold Price
$830,125
$496/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,035(+6.3%)
Key Takeaway
Homes in 93063 have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in 93063 was $830,125 in October 2024, up 6.3% from last year, and the median price per square foot was $496.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $427.3K | $364.6K | -14.7% |
| 2 Bedrooms | $535K | $589K | +10.1% |
| 3 Bedrooms | $730K | $794.5K | +8.8% |
| 4 Bedrooms | $865K | $915K | +5.8% |
| 5+ Bedrooms | $1.0M | $939.5K | -11.5% |
Summary: 93063 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.7%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes decreased by 11.5%.
Housing Supply in 93063, CA
How many homes are available in 93063, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 139 | 139 | 0.0% |
Summary: The 93063 real estate market had 139 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 20 | 22 | +10.0% |
| 3 Bedrooms | 47 | 40 | -14.9% |
| 4 Bedrooms | 53 | 58 | +9.4% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The 93063 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 increased by 10%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 40 | +21.2% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93063, you may be able to get a good deal. 42.5% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in 93063 in October 2024, up by 21.2% month-over-month. Of the 40 sold homes, 43% were sold under asking, 20% were sold at asking, and 38% were sold over asking.
Days on Market for 93063, CA
How long does it take to sell a home in 93063, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 40 Days | +23.3% |
Summary: Homes in 93063 had an average of 40 days on market in Oct 2024, up by 23.3% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 93063 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 40 homes were sold in 93063; 55% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% 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.