Is 93614, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93614 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 93614 has remained a Buyer's Market.

Key Takeaway

93614 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 93614, CA

How much do homes in 93614, CA cost?

Median Sold Price

$412,000

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,000(+0.5%)

Key Takeaway

The sold price of homes in 93614 has remained the same since last year.

Summary: The median home sold price in 93614 was $412,000 in November 2024, up 0.5% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $299.9K$174.9K
-41.7%
2 $324.2K$317.5K
-2.1%
3 $405K$394K
-2.7%
4 $422.5K$508.2K
+20.3%
5+ $585K$536.5K
-8.3%

Summary: 93614 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.7%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes decreased by 8.3%.

Median Sold Price Compared To Nearby Zip Codes

93636
+4.0%
93614
0.5%
93626
-7.3%

Housing Supply in 93614, CA

How many homes are available in 93614, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
121127+5.0%

Summary: The 93614 real estate market had 127 homes for sale in November 2024, a 5.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 55
0.0%
3 7070
0.0%
4 3238
+18.8%
5+ 1111
0.0%

Summary: The 93614 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1210-16.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93614, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 93614 in November 2024, down by 16.7% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.

Days on Market for 93614, CA

How long does it take to sell a home in 93614, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
88 Days66 Days-25.0%

Summary: Homes in 93614 had an average of 66 days on market in Nov 2024, down by 25% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93614 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in 93614; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 21 Days Ago

Newest Listings in 93614, CA

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