Is 93461, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93461 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 93461 was a Neutral Market.

Key Takeaway

93461 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 93461, CA

How much do homes in 93461, CA cost?

Median Sold Price

$480,000

$388/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,000(+1.1%)

Key Takeaway

Homes in 93461 have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in 93461 was $480,000 in November 2024, up 1.1% from last year, and the median price per square foot was $388.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $375K$402K
+7.2%
3 $485K$488K
+0.6%
4 --
N/A
5+ --
N/A

Summary: 93461 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

93451
+5.7%
93461
+1.1%

Housing Supply in 93461, CA

How many homes are available in 93461, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
68+33.3%

Summary: The 93461 real estate market had 8 homes for sale in November 2024, a 33.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 68
+33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The 93461 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93461, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 93461 in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 93461, CA

How long does it take to sell a home in 93461, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days71 Days+57.8%

Summary: Homes in 93461 had an average of 71 days on market in Nov 2024, up by 57.8% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in 93461 has remained consistent over time.

Summary: During November 2024, 1 homes were sold in 93461; 0% of homes were sold within 30 days, 100% 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 93461, CA

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