Is 93602, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93602 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 93602 was a Seller's Market.

Key Takeaway

93602 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 93602, CA

How much do homes in 93602, CA cost?

Median Sold Price

$442,500

$194/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$92,500(+26.4%)

Key Takeaway

Homes in 93602 have sold for 26.4% more than they did a month ago.

Summary: The median home sold price in 93602 was $442,500 in December 2024, up 26.4% from last month, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $295K$442.5K
+50.0%
4 $540K-
N/A
5+ --
N/A

Summary: 93602 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 50%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 93602, CA

How many homes are available in 93602, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
16160.0%

Summary: The 93602 real estate market had 16 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 99
0.0%
4 54
-20.0%
5+ 11
0.0%

Summary: The 93602 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93602, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 93602 in December 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 93602, CA

How long does it take to sell a home in 93602, CA?

Average Sale Time

Nov 2024Dec 2024CHANGE
43 Days128 Days+194.3%

Summary: Homes in 93602 had an average of 128 days on market in Dec 2024, up by 194.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 93602 has remained consistent over time.

Summary: During December 2024, 2 homes were sold in 93602; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 8 Days Ago

Newest Listings in 93602, CA

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