Is 93933, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93933 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 93933 has remained a Seller's Market.

Key Takeaway

93933 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93933, CA

How much do homes in 93933, CA cost?

Median Sold Price

$930,000

$550/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$95,000(+11.4%)

Key Takeaway

Homes in 93933 have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in 93933 was $930,000 in November 2024, up 11.4% from last year, and the median price per square foot was $550.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$294.5K
N/A
2 $595K$669K
+12.4%
3 $780K$924K
+18.5%
4 $975.5K$965K
-1.1%
5+ $1.5M-
N/A

Summary: 93933 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 increased by 12.4%, 3 bedroom homes increased by 18.5%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

93955
+14.0%
93933
+11.4%
93908
-0.5%

Housing Supply in 93933, CA

How many homes are available in 93933, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4643-6.5%

Summary: The 93933 real estate market had 43 homes for sale in November 2024, a 6.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 63
-50.0%
3 2428
+16.7%
4 138
-38.5%
5+ 34
+33.3%

Summary: The 93933 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 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1116+45.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93933, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 93933 in November 2024, up by 45.5% month-over-month. Of the 16 sold homes, 69% were sold under asking, 19% were sold at asking, and 13% were sold over asking.

Days on Market for 93933, CA

How long does it take to sell a home in 93933, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days42 Days+19.9%

Summary: Homes in 93933 had an average of 42 days on market in Nov 2024, up by 19.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 93933 has remained consistent over time.

Summary: During November 2024, 16 homes were sold in 93933; 31% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 6% 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 93933, CA

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