$5,105 Closing Credit*
$429,900
2,168 SqFt
3 Beds
•2 Baths
Leeandra Dupree, 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 October 2023
Since last year, 93245 has remained a Seller's Market.
Key Takeaway
93245 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93245, CA
How much do homes in 93245, CA cost?
Median Sold Price
$386,500
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,500(+8.9%)
Key Takeaway
Homes in 93245 have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in 93245 was $386,500 in October 2024, up 8.9% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.0M | - | N/A |
| 2 Bedrooms | $246K | $260.5K | +5.9% |
| 3 Bedrooms | $345K | $359K | +4.1% |
| 4 Bedrooms | $386.5K | $400K | +3.5% |
| 5+ Bedrooms | $384.9K | $480.9K | +24.9% |
Summary: 93245 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 24.9%.
Median Sold Price Compared To Nearby Zip Codes
| 93656 | $252.4K | $360K | +42.6% |
| 93245 | $355K | $386.5K | +8.9% |
Housing Supply in 93245, CA
How many homes are available in 93245, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 41 | +2.5% |
Summary: The 93245 real estate market had 41 homes for sale in October 2024, a 2.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 16 | 18 | +12.5% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 93245 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 93245, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 93245 in October 2024, the same as the previous month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 48 Days | +294.3% |
Summary: Homes in 93245 had an average of 48 days on market in Oct 2024, up by 294.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 93245 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 93245; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% 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.