Is 95051, 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, 95051 has remained a Seller's Market.
Housing Prices in 95051, CA
How much do homes in 95051, CA cost?
Median Sold Price
$1,700,000
$1,164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 95051 was $1,700,000 in April 2024, up 9% from last year, and the median price per square foot was $1,164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $460K | $470K | +2.2% |
2 Bedrooms | $767.5K | $825K | +7.5% |
3 Bedrooms | $1.6M | $1.7M | +4.2% |
4 Bedrooms | $1.8M | $2.0M | +6.6% |
5+ Bedrooms | $2.1M | $2.2M | +2.6% |
Summary: 95051 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 2.6%.
Housing Supply in 95051, CA
How many homes are available in 95051, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 118 | +61.6% |
Summary: The 95051 real estate market had 118 homes for sale in April 2024, a 61.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 9 | +50.0% |
2 Bedrooms | 13 | 21 | +61.5% |
3 Bedrooms | 34 | 61 | +79.4% |
4 Bedrooms | 15 | 21 | +40.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 95051 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 61.5%, 3 bedroom homes increased by 79.4%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 46 | +130.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in 95051 in April 2024, up by 130.0% month-over-month. Of the 46 sold homes, 9% were sold under asking, 4% were sold at asking, and 87% were sold over asking.
Days on Market for 95051, CA
How long does it take to sell a home in 95051, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 11 Days | -32.8% |
Summary: Homes in 95051 had an average of 11 days on market in Apr 2024, down by 32.8% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 46 homes were sold in 95051; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.