Is 93444, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93444 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 93444 has remained a Seller's Market.

Key Takeaway

93444 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93444, CA

How much do homes in 93444, CA cost?

Median Sold Price

$999,949

$490/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$49,949(+5.3%)

Key Takeaway

Homes in 93444 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 93444 was $999,949 in October 2024, up 5.3% from last year, and the median price per square foot was $490.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$865K
N/A
2 $1.0M$999.9K
0%
3 $910K$895K
-1.6%
4 $1.0M$1.1M
+11.9%
5+ $1.2M$1.3M
+4.4%

Summary: 93444 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 did not change, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 4.4%.

Median Sold Price Compared To Nearby Zip Codes

93458
+15.4%
93420
+13.2%
93434
+11.6%
93454
+6.9%
93444
+5.3%

Housing Supply in 93444, CA

How many homes are available in 93444, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8782-5.7%

Summary: The 93444 real estate market had 82 homes for sale in October 2024, a 5.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1815
-16.7%
3 4748
+2.1%
4 1513
-13.3%
5+ 76
-14.3%

Summary: The 93444 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 16.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1716-5.9%

Asking Price vs. Sold Price

12 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 93444, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 93444 in October 2024, down by 5.9% month-over-month. Of the 16 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for 93444, CA

How long does it take to sell a home in 93444, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days44 Days+177.1%

Summary: Homes in 93444 had an average of 44 days on market in Oct 2024, up by 177.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93444 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 16 homes were sold in 93444; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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

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