Is 93434, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93434 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 93434 has remained a Seller's Market.

Key Takeaway

93434 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93434, CA

How much do homes in 93434, CA cost?

Median Sold Price

$619,500

$432/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$64,500(+11.6%)

Key Takeaway

Homes in 93434 have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in 93434 was $619,500 in October 2024, up 11.6% from last year, and the median price per square foot was $432.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $412.2K$469.5K
+13.9%
3 $537.5K$617.2K
+14.8%
4 $590K$700K
+18.6%
5+ --
N/A

Summary: 93434 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

93458
+15.4%
93434
+11.6%
93455
+6.9%
93444
+5.3%

Housing Supply in 93434, CA

How many homes are available in 93434, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
74-42.9%

Summary: The 93434 real estate market had 4 homes for sale in October 2024, a 42.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 63
-50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 93434 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93434, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 93434 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 93434, CA

How long does it take to sell a home in 93434, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
9 Days0 Days-94.4%

Summary: Homes in 93434 had an average of 0 days on market in Oct 2024, down by 94.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93434 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 93434; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in 93434, CA

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