Is 93105, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93105 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 93105 has remained a Seller's Market.

Key Takeaway

93105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93105, CA

How much do homes in 93105, CA cost?

Median Sold Price

$1,967,500

$1,130/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$113,750(+6.1%)

Key Takeaway

Homes in 93105 have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in 93105 was $1,967,500 in October 2024, up 6.1% from last year, and the median price per square foot was $1,130.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $672K$785K
+16.8%
2 $1.2M$1.3M
+5.9%
3 $1.8M$1.7M
-3.0%
4 $2.8M$2.3M
-15.9%
5+ $3.4M$3.0M
-12.8%

Summary: 93105 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.8%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes decreased by 12.8%.

Median Sold Price Compared To Nearby Zip Codes

93103
+21.0%
93111
+13.6%
93101
+6.5%
93105
+6.1%
93110
-30.9%

Housing Supply in 93105, CA

How many homes are available in 93105, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6176+24.6%

Summary: The 93105 real estate market had 76 homes for sale in October 2024, a 24.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 612
+100.0%
3 2733
+22.2%
4 1822
+22.2%
5+ 87
-12.5%

Summary: The 93105 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 100%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1322+69.2%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93105, you may be able to get a good deal. 68.2% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 93105 in October 2024, up by 69.2% month-over-month. Of the 22 sold homes, 68% were sold under asking, 18% were sold at asking, and 14% were sold over asking.

Days on Market for 93105, CA

How long does it take to sell a home in 93105, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days38 Days+117.2%

Summary: Homes in 93105 had an average of 38 days on market in Oct 2024, up by 117.2% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93105 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 22 homes were sold in 93105; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% 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 23 Days Ago

Newest Listings in 93105, CA

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