Is 95008, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95008 is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, 95008 has remained a Seller's Market.

Key Takeaway

95008 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 95008, CA cost?

Median Sold Price

$1,671,666

$1,011/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$214,791(+14.7%)

Key Takeaway

Homes in 95008 have sold for 14.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $550K$495K
-10.0%
2 $910K$915K
0.5%
3 $1.4M$1.6M
+11.3%
4 $1.8M$2.0M
+12.8%
5+ $2.2M$2.6M
+17.6%

Median Sold Price Compared To Nearby Zip Codes

95008
+14.7%
95124
+13.0%
95130
+12.1%
95117
+11.1%
95128
+8.0%

How many homes are available in 95008, CA?

Number of Homes For Sale

Nov 2022Dec 2022%
5038-24.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 12
+100.0%
2 65
-16.7%
3 2718
-33.3%
4 1211
-8.3%
5+ 42
-50.0%

Number of Homes Sold

Nov 2022Dec 2022%
2421-12.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95008, you could pay more than the asking price. 63.2% of homes here sold above asking price last month.

Average Sale Time

Dec 2021Dec 2022%
19 Days16 Days-16.1%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 95008 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 95008, CA

95008, CA has 38 homes for sale to choose from. The number of homes for sale in 95008, CA decreased by 24% between November 2022 and December 2022. In December 2022, listings were on the market for 16 days. During the same period, the median list price in this real estate market was $1,671,666. Listing prices have changed in this real estate market between November 2022 and December 2022: prices of 1 bedroom properties decreased by 10%, the cost of 2 bedrooms properties went up by 0.5%, prices of 3 bedrooms properties increased by 11.3%, 4 bedrooms properties became 12.8% more expensive, prices of 5 bedrooms properties increased by 17.6%. Volume of homes for sale changed: 1 bedroom homes inventory increased by 100%, 2 bedrooms homes inventory decreased by 16.7%, number of 3 bedrooms homes decreased by 33.3%, volume of 4 bedrooms homes went down by 8.3%, 5 bedrooms homes became 50% less available. Over 12 listings were sold over their listed price in December 2022 in 95008, CA. In the same period over 7 listings were sold below the listed price and 0 listings were sold for the listed price.