Is 93543, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93543 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 93543 was a Seller's Market.

Key Takeaway

93543 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 93543, CA

How much do homes in 93543, CA cost?

Median Sold Price

$520,000

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$65,000(+14.3%)

Key Takeaway

Homes in 93543 have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in 93543 was $520,000 in October 2024, up 14.3% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $435K$206K
-52.6%
3 $437.4K$499.9K
+14.3%
4 $496K$537K
+8.3%
5+ $590K$1.5M
+169.5%

Summary: 93543 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 52.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 169.5%.

Median Sold Price Compared To Nearby Zip Codes

93543
+14.3%
93591
+5.1%
93552
+3.6%

Housing Supply in 93543, CA

How many homes are available in 93543, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
15150.0%

Summary: The 93543 real estate market had 15 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 33
0.0%
3 52
-60.0%
4 45
+25.0%
5+ 34
+33.3%

Summary: The 93543 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 60%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was 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 93543, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 93543 in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 93543, CA

How long does it take to sell a home in 93543, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days41 Days+112.1%

Summary: Homes in 93543 had an average of 41 days on market in Oct 2024, up by 112.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 93543 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 93543; 50% of homes were sold within 30 days, 50% 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 13 Days Ago

Newest Listings in 93543, CA

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