$5,926 Closing Credit*
$499,000
790 SqFt
1 Bed
•1 Full Bath
Jaime Silveira, Listing Office: Malik Real Estate Group, Inc.
Is 93422, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$764,000
$447/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,000(+1.9%)
Key Takeaway
Homes in 93422 have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in 93422 was $764,000 in November 2024, up 1.9% from last year, and the median price per square foot was $447.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $326K | N/A |
| 2 Bedrooms | $527K | $520K | -1.3% |
| 3 Bedrooms | $717.5K | $730K | +1.7% |
| 4 Bedrooms | $924.5K | $990K | +7.1% |
| 5+ Bedrooms | $1.1M | $1.4M | +26.1% |
Summary: 93422 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 26.1%.
Housing Supply in 93422, CA
How many homes are available in 93422, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 106 | 89 | -16.0% |
Summary: The 93422 real estate market had 89 homes for sale in November 2024, a 16.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 59 | 51 | -13.6% |
| 4 Bedrooms | 27 | 23 | -14.8% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 93422 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 24 | -35.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93422, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 93422 in November 2024, down by 35.1% month-over-month. Of the 24 sold homes, 38% were sold under asking, 29% were sold at asking, and 33% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 28 Days | +19.2% |
Summary: Homes in 93422 had an average of 28 days on market in Nov 2024, up by 19.2% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 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 November 2024, 24 homes were sold in 93422; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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