Is 93650, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93650 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 93650 has remained a Seller's Market.

Key Takeaway

93650 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93650, CA

How much do homes in 93650, CA cost?

Median Sold Price

$301,000

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$26,000(+9.5%)

Key Takeaway

Homes in 93650 have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in 93650 was $301,000 in November 2024, up 9.5% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $208K$250K
+20.2%
3 $270K$288.5K
+6.9%
4 $387.5K$310K
-20.0%
5+ $438K$492.5K
+12.4%

Summary: 93650 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 20.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 12.4%.

Median Sold Price Compared To Nearby Zip Codes

93650
+9.5%
93710
+8.2%
93720
+6.4%
93711
+3.6%

Housing Supply in 93650, CA

How many homes are available in 93650, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
57+40.0%

Summary: The 93650 real estate market had 7 homes for sale in November 2024, a 40.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 24
+100.0%
4 11
0.0%
5+ 11
0.0%

Summary: The 93650 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93650, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 93650 in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 93650, CA

How long does it take to sell a home in 93650, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
155 Days55 Days-64.3%

Summary: Homes in 93650 had an average of 55 days on market in Nov 2024, down by 64.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93650 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 93650; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 17 Days Ago

Newest Listings in 93650, CA

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