Is 95451, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 95451 was a Seller's Market.
Housing Prices in 95451, CA
How much do homes in 95451, CA cost?
Median Sold Price
$375,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 95451 was $375,000 in May 2024, down 1.3% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200.5K | $245K | +22.2% |
2 Bedrooms | $351.5K | $338K | -3.8% |
3 Bedrooms | $380K | $389K | +2.4% |
4 Bedrooms | $417K | $490K | +17.5% |
5+ Bedrooms | $825K | $485K | -41.2% |
Summary: 95451 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes decreased by 41.2%.
Housing Supply in 95451, CA
How many homes are available in 95451, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
115 | 123 | +7.0% |
Summary: The 95451 real estate market had 123 homes for sale in May 2024, a 7.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 23 | 24 | +4.3% |
3 Bedrooms | 61 | 63 | +3.3% |
4 Bedrooms | 24 | 28 | +16.7% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 95451 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 10 | -37.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 95451 in May 2024, down by 37.5% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 95451, CA
How long does it take to sell a home in 95451, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
115 Days | 66 Days | -42.9% |
Summary: Homes in 95451 had an average of 66 days on market in May 2024, down by 42.9% 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
Summary: During May 2024, 10 homes were sold in 95451; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.