$7,897 Closing Credit*
$665,000
1,026 SqFt
2 Beds
•1 Full Bath, 1 Partial
Cindy Orosz, Listing Office: Intero Real Estate Services
Is 93401, 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, 93401 has remained a Seller's Market.
Key Takeaway
93401 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93401, CA
How much do homes in 93401, CA cost?
Median Sold Price
$1,065,306
$637/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$121,175(+12.8%)
Key Takeaway
Homes in 93401 have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in 93401 was $1,065,306 in October 2024, up 12.8% from last year, and the median price per square foot was $637.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315K | $622.5K | +97.6% |
| 2 Bedrooms | $674.9K | $763.2K | +13.1% |
| 3 Bedrooms | $991.2K | $1.0M | +10.5% |
| 4 Bedrooms | $1.4M | $1.5M | +5.7% |
| 5+ Bedrooms | $1.8M | $1.6M | -10.9% |
Summary: 93401 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.6%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 10.9%.
Housing Supply in 93401, CA
How many homes are available in 93401, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 95 | 84 | -11.6% |
Summary: The 93401 real estate market had 84 homes for sale in October 2024, a 11.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 21 | 17 | -19.0% |
| 3 Bedrooms | 43 | 40 | -7.0% |
| 4 Bedrooms | 26 | 22 | -15.4% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 93401 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 decreased by 19%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93401, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 93401 in October 2024, the same as the previous month. Of the 24 sold homes, 42% were sold under asking, 21% were sold at asking, and 38% were sold over asking.
Days on Market for 93401, CA
How long does it take to sell a home in 93401, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 26 Days | +21.7% |
Summary: Homes in 93401 had an average of 26 days on market in Oct 2024, up by 21.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 93401 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 24 homes were sold in 93401; 71% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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