Is 93901, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93901 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 93901 has remained a Seller's Market.

Key Takeaway

93901 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93901, CA

How much do homes in 93901, CA cost?

Median Sold Price

$749,500

$461/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$29,500(+4.1%)

Key Takeaway

Homes in 93901 have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in 93901 was $749,500 in December 2024, up 4.1% from last year, and the median price per square foot was $461.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $462K$345K
-25.3%
2 $580K$580K
0.0%
3 $740K$775K
+4.7%
4 $760K$810K
+6.6%
5+ $835K$951.5K
+14.0%

Summary: 93901 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 14%.

Median Sold Price Compared To Nearby Zip Codes

93901
+4.1%
93906
+3.3%
93908
-0.5%

Housing Supply in 93901, CA

How many homes are available in 93901, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
38380.0%

Summary: The 93901 real estate market had 38 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 89
+12.5%
3 1515
0.0%
4 88
0.0%
5+ 54
-20.0%

Summary: The 93901 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
880.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93901, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 93901 in December 2024, the same as the previous month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.

Days on Market for 93901, CA

How long does it take to sell a home in 93901, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
27 Days57 Days+108.0%

Summary: Homes in 93901 had an average of 57 days on market in Dec 2024, up by 108% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93901 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 8 homes were sold in 93901; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 2 Days Ago

Newest Listings in 93901, CA

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