Is 93625, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93625 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 93625 was a Seller's Market.

Key Takeaway

93625 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 93625, CA

How much do homes in 93625, CA cost?

Median Sold Price

$454,000

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,880(+3.6%)

Key Takeaway

Homes in 93625 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 93625 was $454,000 in November 2024, up 3.6% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $272.5K$300K
+10.1%
3 $420K$405K
-3.6%
4 $472.7K$489.9K
+3.6%
5+ $521K$546.8K
+5.0%

Summary: 93625 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 10.1%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 5%.

Median Sold Price Compared To Nearby Zip Codes

93662
+12.0%
93725
+10.4%
93625
+3.6%

Housing Supply in 93625, CA

How many homes are available in 93625, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2118-14.3%

Summary: The 93625 real estate market had 18 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 65
-16.7%
4 87
-12.5%
5+ 64
-33.3%

Summary: The 93625 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 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93625, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 93625 in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 93625, CA

How long does it take to sell a home in 93625, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days36 Days+41.2%

Summary: Homes in 93625 had an average of 36 days on market in Nov 2024, up by 41.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 93625 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 93625; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 3 Days Ago

Newest Listings in 93625, CA

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