Is 93458, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93458 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 93458 has remained a Seller's Market.

Key Takeaway

93458 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93458, CA

How much do homes in 93458, CA cost?

Median Sold Price

$627,500

$412/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$32,500(-4.9%)

Key Takeaway

Homes in 93458 have sold for 4.9% less than they did a month ago.

Summary: The median home sold price in 93458 was $627,500 in November 2024, down 4.9% from last month, and the median price per square foot was $412.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$450K
N/A
3 $631.2K$627.5K
-0.6%
4 $694.9K$583.7K
-16.0%
5+ -$749K
N/A

Summary: 93458 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes did not change.

Housing Supply in 93458, CA

How many homes are available in 93458, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2925-13.8%

Summary: The 93458 real estate market had 25 homes for sale in November 2024, a 13.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1615
-6.3%
4 74
-42.9%
5+ 22
0.0%

Summary: The 93458 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 remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93458, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in 93458 in November 2024, up by 42.9% month-over-month. Of the 10 sold homes, 30% were sold under asking, 40% were sold at asking, and 30% were sold over asking.

Days on Market for 93458, CA

How long does it take to sell a home in 93458, CA?

Average Sale Time

Oct 2024Nov 2024CHANGE
15 Days17 Days+13.6%

Summary: Homes in 93458 had an average of 17 days on market in Nov 2024, up by 13.6% compared to last month.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93458 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in 93458; 90% of homes were sold within 30 days, 10% 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 17 Days Ago

Newest Listings in 93458, CA

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