Is 93653, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93653 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 93653 has remained a Buyer's Market.

Key Takeaway

93653 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 93653, CA

How much do homes in 93653, CA cost?

Median Sold Price

$404,500

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$30,500(-7.0%)

Key Takeaway

Homes in 93653 have sold for 7% less than they did a year ago.

Summary: The median home sold price in 93653 was $404,500 in October 2024, down 7% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$75K
N/A
2 $400K-
N/A
3 $370K$424K
+14.6%
4 $660K-
N/A
5+ --
N/A

Summary: 93653 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 14.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

93638
+7.3%
93636
+4.0%
93614
0.5%
93653
-7.0%

Housing Supply in 93653, CA

How many homes are available in 93653, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
811+37.5%

Summary: The 93653 real estate market had 11 homes for sale in October 2024, a 37.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 710
+42.9%
4 11
0.0%
5+ 00
0.0%

Summary: The 93653 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 remained the same, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93653, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 93653 in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 93653, CA

How long does it take to sell a home in 93653, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days95 Days+280.0%

Summary: Homes in 93653 had an average of 95 days on market in Oct 2024, up by 280% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 93653 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in 93653; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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

Newest Listings in 93653, CA

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