Is 93728, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93728 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 93728 has remained a Seller's Market.

Key Takeaway

93728 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93728, CA

How much do homes in 93728, CA cost?

Median Sold Price

$325,000

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+6.6%)

Key Takeaway

Homes in 93728 have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in 93728 was $325,000 in November 2024, up 6.6% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $245K$260K
+6.1%
2 $262K$287.5K
+9.7%
3 $310K$330K
+6.5%
4 $400K$367.5K
-8.1%
5+ $387.5K$475K
+22.6%

Summary: 93728 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 22.6%.

Median Sold Price Compared To Nearby Zip Codes

93703
+6.8%
93728
+6.6%
93705
+5.0%
93704
+4.3%
93701
-5.5%

Housing Supply in 93728, CA

How many homes are available in 93728, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5053+6.0%

Summary: The 93728 real estate market had 53 homes for sale in November 2024, a 6.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1515
0.0%
3 2426
+8.3%
4 43
-25.0%
5+ 57
+40.0%

Summary: The 93728 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 remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93728, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 93728 in November 2024, down by 7.7% month-over-month. Of the 12 sold homes, 58% were sold under asking, 8% were sold at asking, and 33% were sold over asking.

Days on Market for 93728, CA

How long does it take to sell a home in 93728, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days21 Days+134.7%

Summary: Homes in 93728 had an average of 21 days on market in Nov 2024, up by 134.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93728 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in 93728; 58% of homes were sold within 30 days, 42% 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 3 Days Ago

Newest Listings in 93728, CA

Nearby Markets to 93728, CA