Is 95023, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 95023 has remained a Seller's Market.
Housing Prices in 95023, CA
How much do homes in 95023, CA cost?
Median Sold Price
$743,750
$409/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 95023 was $743,750 in April 2024, down 2.2% from last year, and the median price per square foot was $409.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $550K | $615K | +11.8% |
3 Bedrooms | $715K | $695K | -2.8% |
4 Bedrooms | $830.5K | $820K | -1.3% |
5+ Bedrooms | $859.3K | $835K | -2.8% |
Summary: 95023 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.8%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 2.8%.
Housing Supply in 95023, CA
How many homes are available in 95023, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
112 | 122 | +8.9% |
Summary: The 95023 real estate market had 122 homes for sale in April 2024, a 8.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 17 | 18 | +5.9% |
3 Bedrooms | 34 | 40 | +17.6% |
4 Bedrooms | 49 | 49 | 0.0% |
5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The 95023 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 increased by 5.9%, 3 bedroom homes increased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 32 | +10.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in 95023 in April 2024, up by 10.3% month-over-month. Of the 29 sold homes, 38% were sold under asking, 14% were sold at asking, and 48% were sold over asking.
Days on Market for 95023, CA
How long does it take to sell a home in 95023, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 32 Days | -36.7% |
Summary: Homes in 95023 had an average of 32 days on market in Apr 2024, down by 36.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in 95023; 59% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.