Is 93535, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93535 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 93535 has remained a Seller's Market.

Key Takeaway

93535 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93535, CA

How much do homes in 93535, CA cost?

Median Sold Price

$438,200

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$38,200(+9.6%)

Key Takeaway

Homes in 93535 have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in 93535 was $438,200 in October 2024, up 9.6% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $177.5K$200K
+12.7%
2 $246K$331.5K
+34.8%
3 $390.6K$420K
+7.5%
4 $429.9K$470K
+9.3%
5+ $500K$515K
+3.0%

Summary: 93535 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 34.8%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Zip Codes

93535
+9.6%
93534
+5.9%
93591
+5.1%
93552
+3.6%

Housing Supply in 93535, CA

How many homes are available in 93535, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
190202+6.3%

Summary: The 93535 real estate market had 202 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1014
+40.0%
3 9185
-6.6%
4 6882
+20.6%
5+ 2121
0.0%

Summary: The 93535 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 increased by 40%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3942+7.7%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93535, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 42 homes were sold or pending in 93535 in October 2024, up by 7.7% month-over-month. Of the 42 sold homes, 40% were sold under asking, 17% were sold at asking, and 43% were sold over asking.

Days on Market for 93535, CA

How long does it take to sell a home in 93535, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days40 Days+38.2%

Summary: Homes in 93535 had an average of 40 days on market in Oct 2024, up by 38.2% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93535 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 42 homes were sold in 93535; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 13 Days Ago

Newest Listings in 93535, CA

Nearby Markets to 93535, CA