Is 93066, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93066 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 93066 was a Seller's Market.

Key Takeaway

93066 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 93066, CA

How much do homes in 93066, CA cost?

Median Sold Price

$1,822,125

$483/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$212,125(+13.2%)

Key Takeaway

Homes in 93066 have sold for 13.2% more than they did a month ago.

Summary: The median home sold price in 93066 was $1,822,125 in November 2024, up 13.2% from last month, and the median price per square foot was $483.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.6M$2.0M
+29.8%
4 $6.0M-
N/A
5+ -$1.5M
N/A

Summary: 93066 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 29.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 93066, CA

How many homes are available in 93066, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
16160.0%

Summary: The 93066 real estate market had 16 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 11
0.0%
5+ 1112
+9.1%

Summary: The 93066 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93066, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 93066 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 93066, CA

How long does it take to sell a home in 93066, CA?

Average Sale Time

Oct 2024Nov 2024CHANGE
193 Days32 Days-83.2%

Summary: Homes in 93066 had an average of 32 days on market in Nov 2024, down by 83.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93066 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 93066; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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

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