Is 95020, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95020 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 95020 has remained a Seller's Market.

Key Takeaway

95020 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95020, CA

How much do homes in 95020, CA cost?

Median Sold Price

$1,055,000

$523/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$3,000(+0.3%)

Key Takeaway

The sold price of homes in 95020 has remained the same since last year.

Summary: The median home sold price in 95020 was $1,055,000 in April 2024, up 0.3% from last year, and the median price per square foot was $523.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $462.5K$426.5K
-7.8%
2 $684.9K$685K
0.0%
3 $912.5K$925K
+1.4%
4 $1.1M$1.1M
+3.5%
5+ $1.3M$1.3M
-0.9%

Summary: 95020 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 0.9%.

Median Sold Price Compared To Nearby Zip Codes

95045
+8.1%
95037
+2.1%
95046
+0.8%
95020
0.3%
95076
0.1%

Housing Supply in 95020, CA

How many homes are available in 95020, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8195+17.3%

Summary: The 95020 real estate market had 95 homes for sale in April 2024, a 17.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 99
0.0%
3 2125
+19.0%
4 3344
+33.3%
5+ 1716
-5.9%

Summary: The 95020 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 5.9%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2721-22.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95020, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in 95020 in April 2024, down by 22.2% month-over-month. Of the 19 sold homes, 32% were sold under asking, 21% were sold at asking, and 47% were sold over asking.

Days on Market for 95020, CA

How long does it take to sell a home in 95020, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days24 Days-13.3%

Summary: Homes in 95020 had an average of 24 days on market in Apr 2024, down by 13.3% compared to last year.

Breakdown of Home Sale Times

17 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 95020 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 21 homes were sold in 95020; 81% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% 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 1 Day Ago

Newest Listings in 95020, CA

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