Is 93960, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93960 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 93960 has remained a Seller's Market.

Key Takeaway

93960 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 93960, CA

How much do homes in 93960, CA cost?

Median Sold Price

$661,000

$384/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$108,000(-14.0%)

Key Takeaway

Homes in 93960 have sold for 14% less than they did a month ago.

Summary: The median home sold price in 93960 was $661,000 in November 2024, down 14% from last month, and the median price per square foot was $384.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $719.5K$700K
-2.7%
4 $628K$626K
-0.3%
5+ $799.5K$690K
-13.7%

Summary: 93960 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 13.7%.

Median Sold Price Compared To Nearby Zip Codes

93926
+20.0%
93960
-14.0%

Housing Supply in 93960, CA

How many homes are available in 93960, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
18180.0%

Summary: The 93960 real estate market had 18 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 66
0.0%
4 67
+16.7%
5+ 43
-25.0%

Summary: The 93960 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 remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

1 Home Was 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 93960, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 93960 in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.

Days on Market for 93960, CA

How long does it take to sell a home in 93960, CA?

Average Sale Time

Oct 2024Nov 2024CHANGE
48 Days41 Days-15.3%

Summary: Homes in 93960 had an average of 41 days on market in Nov 2024, down by 15.3% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93960 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in 93960; 50% of homes were sold within 30 days, 50% 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 22 Days Ago

Newest Listings in 93960, CA

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