Is 93662, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93662 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 93662 has remained a Seller's Market.

Key Takeaway

93662 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93662, CA

How much do homes in 93662, CA cost?

Median Sold Price

$365,000

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$39,000(+12.0%)

Key Takeaway

Homes in 93662 have sold for 12% more than they did a year ago.

Summary: The median home sold price in 93662 was $365,000 in November 2024, up 12% from last year, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$140K
N/A
2 $268K$275K
+2.6%
3 $326.5K$345K
+5.7%
4 $383K$380K
-0.8%
5+ $339.4K$533K
+57.0%

Summary: 93662 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 2.6%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 57%.

Median Sold Price Compared To Nearby Zip Codes

93662
+12.0%
93725
+10.4%
93625
+3.6%
93631
-2.2%

Housing Supply in 93662, CA

How many homes are available in 93662, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3533-5.7%

Summary: The 93662 real estate market had 33 homes for sale in November 2024, a 5.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 2219
-13.6%
4 79
+28.6%
5+ 33
0.0%

Summary: The 93662 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 33.3%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

5 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 93662, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 93662 in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.

Days on Market for 93662, CA

How long does it take to sell a home in 93662, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days19 Days-19.8%

Summary: Homes in 93662 had an average of 19 days on market in Nov 2024, down by 19.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93662 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in 93662; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% 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 93662, CA

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