Is 93446, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93446 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 93446 was a Seller's Market.

Key Takeaway

93446 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 93446, CA

How much do homes in 93446, CA cost?

Median Sold Price

$735,250

$430/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$41,694(+6.0%)

Key Takeaway

Homes in 93446 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 93446 was $735,250 in November 2024, up 6% from last year, and the median price per square foot was $430.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $245K$285K
+16.3%
2 $447K$450K
+0.7%
3 $683.5K$725K
+6.1%
4 $868K$865K
-0.3%
5+ $1.0M$1.0M
+5.5%

Summary: 93446 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.3%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 5.5%.

Median Sold Price Compared To Nearby Zip Codes

93428
+8.6%
93426
+7.0%
93446
+6.0%
93422
+1.9%
93465
-7.3%

Housing Supply in 93446, CA

How many homes are available in 93446, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
192183-4.7%

Summary: The 93446 real estate market had 183 homes for sale in November 2024, a 4.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 2227
+22.7%
3 10696
-9.4%
4 4340
-7.0%
5+ 1918
-5.3%

Summary: The 93446 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.7%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 5.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4330-30.2%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93446, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 93446 in November 2024, down by 30.2% month-over-month. Of the 30 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.

Days on Market for 93446, CA

How long does it take to sell a home in 93446, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days32 Days+56.5%

Summary: Homes in 93446 had an average of 32 days on market in Nov 2024, up by 56.5% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93446 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 30 homes were sold in 93446; 67% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 10% 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 17 Days Ago

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