Is 93433, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93433 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 93433 has remained a Seller's Market.

Key Takeaway

93433 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93433, CA

How much do homes in 93433, CA cost?

Median Sold Price

$785,750

$543/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,750(+4.8%)

Key Takeaway

Homes in 93433 have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in 93433 was $785,750 in October 2024, up 4.8% from last year, and the median price per square foot was $543.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $482.5K$525K
+8.8%
2 $600K$605K
+0.8%
3 $766.4K$800K
+4.4%
4 $875K$975K
+11.4%
5+ $931K$1.3M
+49.3%

Summary: 93433 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 49.3%.

Median Sold Price Compared To Nearby Zip Codes

93449
+21.5%
93420
+13.2%
93433
+4.8%
93445
-4.8%

Housing Supply in 93433, CA

How many homes are available in 93433, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2723-14.8%

Summary: The 93433 real estate market had 23 homes for sale in October 2024, a 14.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 52
-60.0%
3 1715
-11.8%
4 44
0.0%
5+ 12
+100.0%

Summary: The 93433 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 decreased by 60%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
116-45.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93433, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 93433 in October 2024, down by 45.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 93433, CA

How long does it take to sell a home in 93433, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days28 Days+56.8%

Summary: Homes in 93433 had an average of 28 days on market in Oct 2024, up by 56.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93433 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 93433; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 21 Days Ago

Newest Listings in 93433, CA

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