Is 93065, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93065 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 93065 has remained a Seller's Market.

Key Takeaway

93065 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93065, CA

How much do homes in 93065, CA cost?

Median Sold Price

$820,000

$492/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,160(+2.5%)

Key Takeaway

Homes in 93065 have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in 93065 was $820,000 in November 2024, up 2.5% from last year, and the median price per square foot was $492.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $445K$417K
-6.3%
2 $562.1K$620K
+10.3%
3 $745K$775K
+4.0%
4 $840K$875K
+4.2%
5+ $1.1M$1.1M
+3.7%

Summary: 93065 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 3.7%.

Median Sold Price Compared To Nearby Zip Codes

91362
+12.4%
93063
+6.9%
91377
+5.3%
93065
+2.5%

Housing Supply in 93065, CA

How many homes are available in 93065, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
185176-4.9%

Summary: The 93065 real estate market had 176 homes for sale in November 2024, a 4.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1824
+33.3%
3 5753
-7.0%
4 7263
-12.5%
5+ 3634
-5.6%

Summary: The 93065 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 33.3%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 5.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5546-16.4%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93065, you could pay more than the asking price. 47.8% of homes here sold above asking price last month.

Summary: A total of 46 homes were sold or pending in 93065 in November 2024, down by 16.4% month-over-month. Of the 46 sold homes, 30% were sold under asking, 22% were sold at asking, and 48% were sold over asking.

Days on Market for 93065, CA

How long does it take to sell a home in 93065, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days34 Days+18.6%

Summary: Homes in 93065 had an average of 34 days on market in Nov 2024, up by 18.6% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93065 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 46 homes were sold in 93065; 54% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 7% 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 93065, CA

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