Is 93534, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93534 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 93534 has remained a Seller's Market.

Key Takeaway

93534 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93534, CA

How much do homes in 93534, CA cost?

Median Sold Price

$422,000

$294/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,000(+5.8%)

Key Takeaway

Homes in 93534 have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in 93534 was $422,000 in November 2024, up 5.8% from last year, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $233.7K$280K
+19.8%
2 $313.5K$345K
+10.0%
3 $395K$410K
+3.8%
4 $432.5K$474.5K
+9.7%
5+ $558K$540K
-3.2%

Summary: 93534 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.8%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 3.2%.

Median Sold Price Compared To Nearby Zip Codes

93560
+11.4%
93535
+11.3%
93534
+5.8%
93550
+5.3%

Housing Supply in 93534, CA

How many homes are available in 93534, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10797-9.3%

Summary: The 93534 real estate market had 97 homes for sale in November 2024, a 9.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 118
-27.3%
3 4445
+2.3%
4 4031
-22.5%
5+ 1112
+9.1%

Summary: The 93534 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 decreased by 27.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 22.5%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2118-14.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93534, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in 93534 in November 2024, down by 14.3% month-over-month. Of the 18 sold homes, 39% were sold under asking, 17% were sold at asking, and 44% were sold over asking.

Days on Market for 93534, CA

How long does it take to sell a home in 93534, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days30 Days-24.2%

Summary: Homes in 93534 had an average of 30 days on market in Nov 2024, down by 24.2% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93534 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 18 homes were sold in 93534; 61% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 6% 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 24 Days Ago

Newest Listings in 93534, CA

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