Is 93230, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93230 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 93230 was a Seller's Market.

Key Takeaway

93230 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 93230, CA

How much do homes in 93230, CA cost?

Median Sold Price

$364,000

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$1,000(-0.3%)

Key Takeaway

The sold price of homes in 93230 has remained the same since last year.

Summary: The median home sold price in 93230 was $364,000 in December 2024, down 0.3% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $120K-
N/A
2 $250K$255K
+2.0%
3 $336K$340K
+1.2%
4 $424.9K$445.2K
+4.8%
5+ $467.5K$485K
+3.7%

Summary: 93230 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 3.7%.

Median Sold Price Compared To Nearby Zip Codes

93631
+5.2%
93230
-0.3%

Housing Supply in 93230, CA

How many homes are available in 93230, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7661-19.7%

Summary: The 93230 real estate market had 61 homes for sale in December 2024, a 19.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 63
-50.0%
3 4132
-22.0%
4 2120
-4.8%
5+ 86
-25.0%

Summary: The 93230 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 22%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
237-69.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93230, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 93230 in December 2024, down by 69.6% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for 93230, CA

How long does it take to sell a home in 93230, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
49 Days24 Days-51.5%

Summary: Homes in 93230 had an average of 24 days on market in Dec 2024, down by 51.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93230 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 7 homes were sold in 93230; 57% of homes were sold within 30 days, 43% 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 2 Days Ago

Newest Listings in 93230, CA

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