Is 93291, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93291 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 93291 has remained a Neutral Market.

Key Takeaway

93291 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 93291, CA

How much do homes in 93291, CA cost?

Median Sold Price

$477,500

$247/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$35,785(+8.1%)

Key Takeaway

Homes in 93291 have sold for 8.1% more than they did a month ago.

Summary: The median home sold price in 93291 was $477,500 in November 2024, up 8.1% from last month, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $208.8K-
N/A
3 $439.9K$533.7K
+21.3%
4 $717.5K$435K
-39.4%
5+ $1.1M$2.7M
+136.4%

Summary: 93291 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 did not change, 3 bedroom homes increased by 21.3%, 4 bedroom homes decreased by 39.4%, and 5+ bedroom homes increased by 136.4%.

Median Sold Price Compared To Nearby Zip Codes

93291
+8.1%
93618
-24.1%

Housing Supply in 93291, CA

How many homes are available in 93291, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5042-16.0%

Summary: The 93291 real estate market had 42 homes for sale in November 2024, a 16.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 2117
-19.0%
4 1713
-23.5%
5+ 77
0.0%

Summary: The 93291 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 decreased by 19%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93291, 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 93291 in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.

Days on Market for 93291, CA

How long does it take to sell a home in 93291, CA?

Average Sale Time

Oct 2024Nov 2024CHANGE
43 Days44 Days+1.5%

Summary: Homes in 93291 had an average of 44 days on market in Nov 2024, up by 1.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 93291 has remained consistent over time.

Summary: During November 2024, 7 homes were sold in 93291; 43% of homes were sold within 30 days, 57% 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 17 Days Ago

Newest Listings in 93291, CA

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