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

Since last month, 93635 has remained a Seller'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

$468,400

$270/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$1,100(-0.2%)

Key Takeaway

The sold price of homes in 93635 has remained the same since last month.

Summary: The median home sold price in 93635 was $468,400 in November 2024, down 0.2% from last month, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $350K$440K
+25.7%
3 $444K$455K
+2.5%
4 $546.7K$516.1K
-5.6%
5+ $647.5K$1.8M
+178.4%

Summary: 93635 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 178.4%.

Housing Supply in 93635, CA

How many homes are available in 93635, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7858-25.6%

Summary: The 93635 real estate market had 58 homes for sale in November 2024, a 25.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 2921
-27.6%
4 3223
-28.1%
5+ 129
-25.0%

Summary: The 93635 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 decreased by 27.6%, 4 bedroom homes decreased by 28.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2416-33.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 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. 46.7% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 93635 in November 2024, down by 33.3% month-over-month. Of the 15 sold homes, 47% were sold under asking, 13% were sold at asking, and 40% 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

Oct 2024Nov 2024CHANGE
37 Days86 Days+131.1%

Summary: Homes in 93635 had an average of 86 days on market in Nov 2024, up by 131.1% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 93635 has remained consistent over time.

Summary: During November 2024, 16 homes were sold in 93635; 31% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 19% 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 22 Days Ago

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