Is 93453, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93453 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 93453 has remained a Buyer's Market.

Key Takeaway

93453 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 93453, CA

How much do homes in 93453, CA cost?

Median Sold Price

$715,000

$435/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$95,000(-11.7%)

Key Takeaway

Homes in 93453 have sold for 11.7% less than they did a year ago.

Summary: The median home sold price in 93453 was $715,000 in October 2024, down 11.7% from last year, and the median price per square foot was $435.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $280K-
N/A
2 $410K$177.5K
-56.7%
3 $817.5K$730K
-10.7%
4 $1.0M$945K
-6.3%
5+ $1.4M$642K
-56.5%

Summary: 93453 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 decreased by 56.7%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 56.5%.

Median Sold Price Compared To Nearby Zip Codes

93420
+13.2%
93401
+12.8%
93453
-11.7%

Housing Supply in 93453, CA

How many homes are available in 93453, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1514-6.7%

Summary: The 93453 real estate market had 14 homes for sale in October 2024, a 6.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 98
-11.1%
4 11
0.0%
5+ 22
0.0%

Summary: The 93453 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 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93453, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 93453 in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 93453, CA

How long does it take to sell a home in 93453, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days10 Days-52.4%

Summary: Homes in 93453 had an average of 10 days on market in Oct 2024, down by 52.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 93453 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 93453; 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 14 Days Ago

Newest Listings in 93453, CA

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