$5,878 Closing Credit*
$495,000
2,711 SqFt
3 Beds
•2 Baths
Megan Smith, Listing Office: eXp Realty of California, Inc.
Is 93245, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 93245 was a Seller's Market.
Key Takeaway
93245 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 93245, CA
How much do homes in 93245, CA cost?
Median Sold Price
$365,000
$238/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$25,000(-6.4%)
Key Takeaway
Homes in 93245 have sold for 6.4% less than they did a month ago.
Summary: The median home sold price in 93245 was $365,000 in December 2024, down 6.4% from last month, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $389K | - | N/A |
| 3 Bedrooms | $350K | $462.5K | +32.1% |
| 4 Bedrooms | $425K | $355K | -16.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: 93245 housing prices by bedroom type for December 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 32.1%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 93245 | $390K | $365K | -6.4% |
| 93202 | $285K | $250K | -12.3% |
Housing Supply in 93245, CA
How many homes are available in 93245, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 34 | 35 | +2.9% |
Summary: The 93245 real estate market had 35 homes for sale in December 2024, a 2.9% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 93245 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93245, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 93245 in December 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for 93245, CA
How long does it take to sell a home in 93245, CA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 Days | 32 Days | +143.9% |
Summary: Homes in 93245 had an average of 32 days on market in Dec 2024, up by 143.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 93245 has remained consistent over time.
Summary: During December 2024, 5 homes were sold in 93245; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.