$477,000
0.07 Acres
Land
Michelle Boghosian, Listing Office: Modern Broker
Is 93445, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 93445 was a Neutral Market.
Key Takeaway
93445 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93445, CA
How much do homes in 93445, CA cost?
Median Sold Price
$595,000
$543/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$30,000(-4.8%)
Key Takeaway
Homes in 93445 have sold for 4.8% less than they did a year ago.
Summary: The median home sold price in 93445 was $595,000 in November 2024, down 4.8% from last year, and the median price per square foot was $543.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $445K | $349.5K | -21.5% |
| 2 Bedrooms | $475K | $546.5K | +15.1% |
| 3 Bedrooms | $715K | $702K | -1.8% |
| 4 Bedrooms | $800.5K | $889K | +11.1% |
| 5+ Bedrooms | - | $672K | N/A |
Summary: 93445 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.5%, 2 bedroom homes increased by 15.1%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes did not change.
Housing Supply in 93445, CA
How many homes are available in 93445, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The 93445 real estate market had 16 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 4 | 1 | -75.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 93445 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 75%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93445, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 93445 in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 93445, CA
How long does it take to sell a home in 93445, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 120 Days | +163.7% |
Summary: Homes in 93445 had an average of 120 days on market in Nov 2024, up by 163.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 93445 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in 93445; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.