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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93446 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 93446 has remained a Seller's Market.

Key Takeaway

93446 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93446, CA

How much do homes in 93446, CA cost?

Median Sold Price

$737,300

$430/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$43,633(+6.3%)

Key Takeaway

Homes in 93446 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 93446 was $737,300 in October 2024, up 6.3% from last year, and the median price per square foot was $430.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $245K$245.3K
0.1%
2 $440K$457.7K
+4.0%
3 $683.5K$718.3K
+5.1%
4 $869K$867K
-0.2%
5+ $1.2M$1.0M
-13.6%

Summary: 93446 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 13.6%.

Median Sold Price Compared To Nearby Zip Codes

93446
+6.3%
93428
+4.3%
93422
+1.5%
93465
-1.3%

Housing Supply in 93446, CA

How many homes are available in 93446, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
210199-5.2%

Summary: The 93446 real estate market had 199 homes for sale in October 2024, a 5.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 31
-66.7%
2 2826
-7.1%
3 109105
-3.7%
4 5247
-9.6%
5+ 1820
+11.1%

Summary: The 93446 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3744+18.9%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

14 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. 45.5% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in 93446 in October 2024, up by 18.9% month-over-month. Of the 44 sold homes, 45% were sold under asking, 23% were sold at asking, and 32% 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

Oct 2023Oct 2024CHANGE
30 Days28 Days-8.9%

Summary: Homes in 93446 had an average of 28 days on market in Oct 2024, down by 8.9% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 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 October 2024, 44 homes were sold in 93446; 75% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 9% 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 14 Days Ago

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