Is 93722, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93722 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 93722 has remained a Seller's Market.

Key Takeaway

93722 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93722, CA

How much do homes in 93722, CA cost?

Median Sold Price

$400,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+3.9%)

Key Takeaway

Homes in 93722 have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in 93722 was $400,000 in November 2024, up 3.9% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $160K$172.5K
+7.8%
2 $305K$295K
-3.3%
3 $370K$380.6K
+2.9%
4 $435K$479K
+10.1%
5+ $538K$540K
0.4%

Summary: 93722 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.8%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 0.4%.

Median Sold Price Compared To Nearby Zip Codes

93728
+6.6%
93705
+5.0%
93722
+3.9%
93711
+3.6%

Housing Supply in 93722, CA

How many homes are available in 93722, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
181174-3.9%

Summary: The 93722 real estate market had 174 homes for sale in November 2024, a 3.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 85
-37.5%
3 10291
-10.8%
4 5355
+3.8%
5+ 1520
+33.3%

Summary: The 93722 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 37.5%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5334-35.8%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93722, you may be able to get a good deal. 38.2% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in 93722 in November 2024, down by 35.8% month-over-month. Of the 34 sold homes, 38% were sold under asking, 24% were sold at asking, and 38% were sold over asking.

Days on Market for 93722, CA

How long does it take to sell a home in 93722, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days15 Days-32.4%

Summary: Homes in 93722 had an average of 15 days on market in Nov 2024, down by 32.4% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93722 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 34 homes were sold in 93722; 82% of homes were sold within 30 days, 18% 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 21 Days Ago

Newest Listings in 93722, CA

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