$7,480 Closing Credit*
$629,900
2,544 SqFt
5 Beds
•3 Full Baths
Irene Mendoza, Listing Office: Z Real Estate
Is 93551, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 93551 has remained a Seller's Market.
Key Takeaway
93551 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93551, CA
How much do homes in 93551, CA cost?
Median Sold Price
$593,000
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,600(+4.9%)
Key Takeaway
Homes in 93551 have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in 93551 was $593,000 in November 2024, up 4.9% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $379.5K | $420K | +10.7% |
| 3 Bedrooms | $510K | $529K | +3.7% |
| 4 Bedrooms | $570K | $600K | +5.3% |
| 5+ Bedrooms | $645K | $677.5K | +5.1% |
Summary: 93551 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 10.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 5.1%.
Housing Supply in 93551, CA
How many homes are available in 93551, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 217 | 211 | -2.8% |
Summary: The 93551 real estate market had 211 homes for sale in November 2024, a 2.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 47 | 53 | +12.8% |
| 4 Bedrooms | 115 | 110 | -4.3% |
| 5+ Bedrooms | 46 | 41 | -10.9% |
Summary: The 93551 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 25%, 3 bedroom homes increased by 12.8%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 10.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 41 | -14.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93551, expect to pay close to the asking price. 36.6% of homes here sold near the asking price last month.
Summary: A total of 41 homes were sold or pending in 93551 in November 2024, down by 14.6% month-over-month. Of the 41 sold homes, 32% were sold under asking, 37% were sold at asking, and 32% were sold over asking.
Days on Market for 93551, CA
How long does it take to sell a home in 93551, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 44 Days | -19.9% |
Summary: Homes in 93551 had an average of 44 days on market in Nov 2024, down by 19.9% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 93551 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 41 homes were sold in 93551; 49% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.