$4,144 Closing Credit*
$349,000
1,901 SqFt
3 Beds
•1 Full Bath, 1 Partial
Tanner Brown, Listing Office: Jennings Realty
Is 93225, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 93225 was a Neutral Market.
Key Takeaway
93225 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 93225, CA
How much do homes in 93225, CA cost?
Median Sold Price
$349,950
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,950(+4.5%)
Key Takeaway
Homes in 93225 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 93225 was $349,950 in November 2024, up 4.5% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212.5K | $249.9K | +17.6% |
| 2 Bedrooms | $290K | $307.4K | +6.0% |
| 3 Bedrooms | $365K | $350K | -4.1% |
| 4 Bedrooms | $520K | $424.5K | -18.4% |
| 5+ Bedrooms | $550K | $580K | +5.5% |
Summary: 93225 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.6%, 2 bedroom homes increased by 6%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes increased by 5.5%.
Housing Supply in 93225, CA
How many homes are available in 93225, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 139 | 143 | +2.9% |
Summary: The 93225 real estate market had 143 homes for sale in November 2024, a 2.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 29 | 30 | +3.4% |
| 3 Bedrooms | 59 | 66 | +11.9% |
| 4 Bedrooms | 35 | 31 | -11.4% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The 93225 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 93225, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 93225 in November 2024, down by 6.7% month-over-month. Of the 14 sold homes, 64% were sold under asking, 29% were sold at asking, and 7% were sold over asking.
Days on Market for 93225, CA
How long does it take to sell a home in 93225, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 71 Days | +55.4% |
Summary: Homes in 93225 had an average of 71 days on market in Nov 2024, up by 55.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 93225 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in 93225; 43% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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