Is 93604, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93604 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 93604 was a Neutral Market.

Key Takeaway

93604 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 93604, CA

How much do homes in 93604, CA cost?

Median Sold Price

$850,000

$516/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$57,500(+7.3%)

Key Takeaway

Homes in 93604 have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in 93604 was $850,000 in October 2024, up 7.3% from last year, and the median price per square foot was $516.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $520K$135K
-74.0%
2 $650K$360K
-44.6%
3 $529K$830K
+56.9%
4 $2.4M$1.2M
-50.0%
5+ $4.3M$3.2M
-26.5%

Summary: 93604 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 74%, 2 bedroom homes decreased by 44.6%, 3 bedroom homes increased by 56.9%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 26.5%.

Median Sold Price Compared To Nearby Zip Codes

93604
+7.3%
93644
-0.6%
93643
-5.4%

Housing Supply in 93604, CA

How many homes are available in 93604, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4951+4.1%

Summary: The 93604 real estate market had 51 homes for sale in October 2024, a 4.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 67
+16.7%
3 2321
-8.7%
4 1518
+20.0%
5+ 45
+25.0%

Summary: The 93604 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

4 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 93604, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 93604 in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 93604, CA

How long does it take to sell a home in 93604, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days69 Days+9.5%

Summary: Homes in 93604 had an average of 69 days on market in Oct 2024, up by 9.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 93604 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in 93604; 25% of homes were sold within 30 days, 25% 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 14 Days Ago

Newest Listings in 93604, CA

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