$5,343 Closing Credit*
$449,950
1,777 SqFt
4 Beds
•2 Baths
Florencia Reyes Espinoza, Listing Office: Valley Oak Realty
Is 93638, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 93638 has remained a Seller's Market.
Key Takeaway
93638 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93638, CA
How much do homes in 93638, CA cost?
Median Sold Price
$388,663
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,663(+5.9%)
Key Takeaway
Homes in 93638 have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in 93638 was $388,663 in November 2024, up 5.9% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $221K | $131K | -40.7% |
| 2 Bedrooms | $215K | $229K | +6.5% |
| 3 Bedrooms | $330K | $380K | +15.2% |
| 4 Bedrooms | $404.9K | $406.4K | 0.4% |
| 5+ Bedrooms | $433.4K | $438.9K | +1.3% |
Summary: 93638 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.7%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 1.3%.
Median Sold Price Compared To Nearby Zip Codes
| 93638 | $367K | $388.6K | +5.9% |
| 93636 | $500K | $519.9K | +4.0% |
| 93637 | $386.7K | $400K | +3.4% |
| 93610 | $407.5K | $394.9K | -3.1% |
Housing Supply in 93638, CA
How many homes are available in 93638, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 79 | -12.2% |
Summary: The 93638 real estate market had 79 homes for sale in November 2024, a 12.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 46 | 38 | -17.4% |
| 4 Bedrooms | 32 | 32 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 93638 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 decreased by 28.6%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 18 | -14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 93638, you could pay more than the asking price. 61.1% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 93638 in November 2024, down by 14.3% month-over-month. Of the 18 sold homes, 17% were sold under asking, 22% were sold at asking, and 61% were sold over asking.
Days on Market for 93638, CA
How long does it take to sell a home in 93638, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 27 Days | +21.1% |
Summary: Homes in 93638 had an average of 27 days on market in Nov 2024, up by 21.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 93638 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 93638; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.