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 October 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

$491/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,080(+3.5%)

Key Takeaway

Homes in 93065 have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in 93065 was $820,000 in October 2024, up 3.5% from last year, and the median price per square foot was $491.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $442.5K$418K
-5.5%
2 $562.1K$622.5K
+10.7%
3 $745K$775K
+4.0%
4 $835K$875K
+4.8%
5+ $1.1M$1.2M
+4.3%

Summary: 93065 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Zip Codes

91362
+10.6%
93063
+6.3%
93065
+3.5%
91377
+2.7%

Housing Supply in 93065, CA

How many homes are available in 93065, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
182183+0.5%

Summary: The 93065 real estate market had 183 homes for sale in October 2024, a 0.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2116
-23.8%
3 5857
-1.7%
4 7068
-2.9%
5+ 3140
+29.0%

Summary: The 93065 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 23.8%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 29%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4853+10.4%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

7 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 may be able to get a good deal. 45.3% of homes here sold below asking price last month.

Summary: A total of 53 homes were sold or pending in 93065 in October 2024, up by 10.4% month-over-month. Of the 53 sold homes, 45% were sold under asking, 13% were sold at asking, and 42% 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

Oct 2023Oct 2024CHANGE
26 Days35 Days+33.2%

Summary: Homes in 93065 had an average of 35 days on market in Oct 2024, up by 33.2% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

26 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 93065 has remained consistent over time.

Summary: During October 2024, 53 homes were sold in 93065; 47% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 4% 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 93065, CA

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