Is 93544, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93544 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 93544 was a Seller's Market.

Key Takeaway

93544 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 93544, CA

How much do homes in 93544, CA cost?

Median Sold Price

$405,000

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$60,000(-12.9%)

Key Takeaway

Homes in 93544 have sold for 12.9% less than they did a year ago.

Summary: The median home sold price in 93544 was $405,000 in November 2024, down 12.9% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $250K$85K
-66.0%
2 -$243K
N/A
3 $450K$414K
-8.0%
4 $480K$482.4K
0.5%
5+ --
N/A

Summary: 93544 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 66%, 2 bedroom homes did not change, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

92397
+3.4%
92372
+2.3%
93544
-12.9%

Housing Supply in 93544, CA

How many homes are available in 93544, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1011+10.0%

Summary: The 93544 real estate market had 11 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 44
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The 93544 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were 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 93544, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 93544 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 93544, CA

How long does it take to sell a home in 93544, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
51 Days112 Days+116.8%

Summary: Homes in 93544 had an average of 112 days on market in Nov 2024, up by 116.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 93544 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in 93544; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 93544, CA

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