Is 93221, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93221 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 93221 has remained a Seller's Market.

Key Takeaway

93221 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93221, CA

How much do homes in 93221, CA cost?

Median Sold Price

$696,000

$272/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$383,550(+122.8%)

Key Takeaway

Homes in 93221 have sold for 122.8% more than they did a month ago.

Summary: The median home sold price in 93221 was $696,000 in October 2024, up 122.8% from last month, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $312.4K$292K
-6.5%
4 -$1.1M
N/A
5+ --
N/A

Summary: 93221 housing prices by bedroom type for October 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 decreased by 6.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 93221, CA

How many homes are available in 93221, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
87-12.5%

Summary: The 93221 real estate market had 7 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 11
0.0%
5+ 11
0.0%

Summary: The 93221 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93221, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 93221 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 93221, CA

How long does it take to sell a home in 93221, CA?

Average Sale Time

Sep 2024Oct 2024CHANGE
5 Days108 Days+1863.6%

Summary: Homes in 93221 had an average of 108 days on market in Oct 2024, up by 1863.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 93221 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 93221; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 93221, CA

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