Is 93268, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93268 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 93268 was a Buyer's Market.

Key Takeaway

93268 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 93268, CA

How much do homes in 93268, CA cost?

Median Sold Price

$199,000

$187/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$750(-0.4%)

Key Takeaway

The sold price of homes in 93268 has remained the same since last month.

Summary: The median home sold price in 93268 was $199,000 in November 2024, down 0.4% from last month, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $154.5K$199K
+28.8%
3 $245K-
N/A
4 -$239.5K
N/A
5+ --
N/A

Summary: 93268 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 93268, CA

How many homes are available in 93268, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1920+5.3%

Summary: The 93268 real estate market had 20 homes for sale in November 2024, a 5.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 77
0.0%
3 77
0.0%
4 56
+20.0%
5+ 00
0.0%

Summary: The 93268 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93268, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 93268 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 93268, CA

How long does it take to sell a home in 93268, CA?

Average Sale Time

Oct 2024Nov 2024CHANGE
30 Days108 Days+255.2%

Summary: Homes in 93268 had an average of 108 days on market in Nov 2024, up by 255.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 93268 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in 93268; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 27 Days Ago

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