Is 93644, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93644 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 93644 was a Seller's Market.

Key Takeaway

93644 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 93644, CA

How much do homes in 93644, CA cost?

Median Sold Price

$431,500

$259/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,500(-0.6%)

Key Takeaway

Homes in 93644 have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in 93644 was $431,500 in October 2024, down 0.6% from last year, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $157K$347.7K
+121.5%
2 $314.7K$377K
+19.8%
3 $430K$414.7K
-3.5%
4 $535.9K$472.5K
-11.8%
5+ $529.9K$822.5K
+55.2%

Summary: 93644 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 121.5%, 2 bedroom homes increased by 19.8%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 55.2%.

Median Sold Price Compared To Nearby Zip Codes

93601
+10.5%
93604
+7.3%
93644
-0.6%

Housing Supply in 93644, CA

How many homes are available in 93644, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7791+18.2%

Summary: The 93644 real estate market had 91 homes for sale in October 2024, a 18.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1816
-11.1%
3 4452
+18.2%
4 1020
+100.0%
5+ 42
-50.0%

Summary: The 93644 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 decreased by 11.1%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1210-16.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93644, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 93644 in October 2024, down by 16.7% month-over-month. Of the 10 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for 93644, CA

How long does it take to sell a home in 93644, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days46 Days+13.7%

Summary: Homes in 93644 had an average of 46 days on market in Oct 2024, up by 13.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93644 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in 93644; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% 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 13 Days Ago

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