Is 93725, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93725 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 93725 was a Seller's Market.

Key Takeaway

93725 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 93725, CA

How much do homes in 93725, CA cost?

Median Sold Price

$347,630

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,630(+10.4%)

Key Takeaway

Homes in 93725 have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in 93725 was $347,630 in November 2024, up 10.4% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$210K
N/A
2 $255K$250K
-2.0%
3 $315K$320K
+1.6%
4 $375K$372.5K
-0.7%
5+ $425K$485K
+14.1%

Summary: 93725 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 decreased by 2%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 14.1%.

Median Sold Price Compared To Nearby Zip Codes

93725
+10.4%
93702
+7.7%
93625
+3.6%

Housing Supply in 93725, CA

How many homes are available in 93725, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3432-5.9%

Summary: The 93725 real estate market had 32 homes for sale in November 2024, a 5.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 43
-25.0%
3 1312
-7.7%
4 910
+11.1%
5+ 65
-16.7%

Summary: The 93725 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 25%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93725, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 93725 in November 2024, down by 50.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for 93725, CA

How long does it take to sell a home in 93725, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days21 Days+35.1%

Summary: Homes in 93725 had an average of 21 days on market in Nov 2024, up by 35.1% compared to last year.

Breakdown of Home Sale Times

3 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 93725 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 93725; 75% of homes were sold within 30 days, 25% 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 93725, CA

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