Is 93727, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93727 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 93727 has remained a Seller's Market.

Key Takeaway

93727 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93727, CA

How much do homes in 93727, CA cost?

Median Sold Price

$419,972

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$27(0%)

Key Takeaway

The sold price of homes in 93727 has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $137K$124K
-9.5%
2 $218K$208K
-4.6%
3 $384K$398.8K
+3.9%
4 $455K$475K
+4.4%
5+ $519.9K$547.5K
+5.3%

Summary: 93727 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.5%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

93702
+7.7%
93703
+6.8%
93612
+1.4%
93727
0%
93737
-4.9%

Housing Supply in 93727, CA

How many homes are available in 93727, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
180166-7.8%

Summary: The 93727 real estate market had 166 homes for sale in November 2024, a 7.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 24
+100.0%
2 1618
+12.5%
3 8680
-7.0%
4 5648
-14.3%
5+ 2016
-20.0%

Summary: The 93727 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4340-7.0%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93727, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in 93727 in November 2024, down by 7.0% month-over-month. Of the 40 sold homes, 50% were sold under asking, 23% were sold at asking, and 28% were sold over asking.

Days on Market for 93727, CA

How long does it take to sell a home in 93727, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days35 Days+39.0%

Summary: Homes in 93727 had an average of 35 days on market in Nov 2024, up by 39% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93727 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 40 homes were sold in 93727; 68% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 13% 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 93727, CA

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