Is 93635, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93635 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 93635 was a Buyer's Market.

Key Takeaway

93635 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93635, CA

How much do homes in 93635, CA cost?

Median Sold Price

$471,013

$275/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$26,013(+5.8%)

Key Takeaway

Homes in 93635 have sold for 5.8% more than they did a month ago.

Summary: The median home sold price in 93635 was $471,013 in October 2024, up 5.8% from last month, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$350K
N/A
3 $444.2K$445K
0.2%
4 $380.3K$546.7K
+43.8%
5+ $529K$647.5K
+22.4%

Summary: 93635 housing prices by bedroom type for October 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 0.2%, 4 bedroom homes increased by 43.8%, and 5+ bedroom homes increased by 22.4%.

Housing Supply in 93635, CA

How many homes are available in 93635, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6879+16.2%

Summary: The 93635 real estate market had 79 homes for sale in October 2024, a 16.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 2727
0.0%
4 3034
+13.3%
5+ 813
+62.5%

Summary: The 93635 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 62.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
724+242.9%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93635, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 93635 in October 2024, up by 242.9% month-over-month. Of the 22 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.

Days on Market for 93635, CA

How long does it take to sell a home in 93635, CA?

Average Sale Time

Sep 2024Oct 2024CHANGE
17 Days40 Days+138.7%

Summary: Homes in 93635 had an average of 40 days on market in Oct 2024, up by 138.7% compared to last month.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93635 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 24 homes were sold in 93635; 54% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 4% 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

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