Is 95006, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 95006 was a Seller's Market.
Key Takeaway
95006 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 95006, CA
How much do homes in 95006, CA cost?
Median Sold Price
$750,000
$542/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 95006 have sold for 6.2% less than they did a year ago.
Summary: The median home sold price in 95006 was $750,000 in April 2024, down 6.3% from last year, and the median price per square foot was $542.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $575K | $600K | +4.3% |
| 2 Bedrooms | $714K | $622.5K | -12.8% |
| 3 Bedrooms | $855K | $835K | -2.3% |
| 4 Bedrooms | $1.1M | $962.5K | -13.7% |
| 5+ Bedrooms | $930K | $1.4M | +54.6% |
Summary: 95006 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes decreased by 12.8%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 13.7%, and 5+ bedroom homes increased by 54.6%.
Housing Supply in 95006, CA
How many homes are available in 95006, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 46 | +27.8% |
Summary: The 95006 real estate market had 46 homes for sale in April 2024, a 27.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 4 | +300.0% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 13 | 18 | +38.5% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 95006 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 38.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 6 | -53.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 95006, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in 95006 in April 2024, down by 53.8% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for 95006, CA
How long does it take to sell a home in 95006, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 46 Days | 17 Days | -63.4% |
Summary: Homes in 95006 had an average of 17 days on market in Apr 2024, down by 63.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 95006 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in 95006; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.