$788,016
0.75 Acres
Land
Max Zappas, Listing Office: Max Zappas, Broker
Is 93422, 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, 93422 has remained a Seller's Market.
Key Takeaway
93422 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93422, CA
How much do homes in 93422, CA cost?
Median Sold Price
$762,000
$443/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,000(+1.5%)
Key Takeaway
Homes in 93422 have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in 93422 was $762,000 in October 2024, up 1.5% from last year, and the median price per square foot was $443.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $326K | +14.4% |
| 2 Bedrooms | $525K | $520K | -1.0% |
| 3 Bedrooms | $720K | $721K | 0.1% |
| 4 Bedrooms | $899K | $975K | +8.5% |
| 5+ Bedrooms | $1.1M | $1.3M | +15.5% |
Summary: 93422 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.4%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 15.5%.
Housing Supply in 93422, CA
How many homes are available in 93422, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 108 | 105 | -2.8% |
Summary: The 93422 real estate market had 105 homes for sale in October 2024, a 2.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 60 | 53 | -11.7% |
| 4 Bedrooms | 22 | 26 | +18.2% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 93422 housing inventory by bedroom type for October 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 11.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 36 | +71.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93422, you may be able to get a good deal. 47.2% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in 93422 in October 2024, up by 71.4% month-over-month. Of the 36 sold homes, 47% were sold under asking, 25% were sold at asking, and 28% were sold over asking.
Days on Market for 93422, CA
How long does it take to sell a home in 93422, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 41 Days | +75.2% |
Summary: Homes in 93422 had an average of 41 days on market in Oct 2024, up by 75.2% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 93422 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 36 homes were sold in 93422; 69% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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