Is 93314, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93314 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 93314 was a Seller's Market.

Key Takeaway

93314 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 93314, CA

How much do homes in 93314, CA cost?

Median Sold Price

$630,000

$260/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$107,000(+20.5%)

Key Takeaway

Homes in 93314 have sold for 20.5% more than they did a month ago.

Summary: The median home sold price in 93314 was $630,000 in December 2024, up 20.5% from last month, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$630K
N/A
3 $523K$441K
-15.7%
4 $460K$635K
+38.0%
5+ $1.5M$770K
-48.7%

Summary: 93314 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 decreased by 15.7%, 4 bedroom homes increased by 38%, and 5+ bedroom homes decreased by 48.7%.

Housing Supply in 93314, CA

How many homes are available in 93314, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3431-8.8%

Summary: The 93314 real estate market had 31 homes for sale in December 2024, a 8.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 87
-12.5%
4 1411
-21.4%
5+ 1011
+10.0%

Summary: The 93314 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 decreased by 12.5%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93314, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 93314 in December 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for 93314, CA

How long does it take to sell a home in 93314, CA?

Average Sale Time

Nov 2024Dec 2024CHANGE
30 Days83 Days+176.0%

Summary: Homes in 93314 had an average of 83 days on market in Dec 2024, up by 176% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 93314 has remained consistent over time.

Summary: During December 2024, 5 homes were sold in 93314; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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 4 Days Ago

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