Is 95112, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95112 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 95112 has remained a Seller's Market.

Key Takeaway

95112 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95112, CA

How much do homes in 95112, CA cost?

Median Sold Price

$915,000

$723/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,000(+1.1%)

Key Takeaway

Homes in 95112 have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in 95112 was $915,000 in April 2024, up 1.1% from last year, and the median price per square foot was $723.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $577K$590K
+2.3%
2 $836.5K$808.1K
-3.4%
3 $1.0M$1.2M
+11.6%
4 $1.3M$1.3M
+3.0%
5+ $1.4M$1.3M
-7.1%

Summary: 95112 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 7.1%.

Median Sold Price Compared To Nearby Zip Codes

95133
+4.2%
95112
+1.1%
95116
-1.2%
95110
-1.9%
95113
-25.9%

Housing Supply in 95112, CA

How many homes are available in 95112, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5057+14.0%

Summary: The 95112 real estate market had 57 homes for sale in April 2024, a 14.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 32
-33.3%
2 2328
+21.7%
3 1317
+30.8%
4 74
-42.9%
5+ 46
+50.0%

Summary: The 95112 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 30.8%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1518+20.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95112, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in 95112 in April 2024, up by 20.0% month-over-month. Of the 17 sold homes, 41% were sold under asking, 6% were sold at asking, and 53% were sold over asking.

Days on Market for 95112, CA

How long does it take to sell a home in 95112, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
20 Days22 Days+9.7%

Summary: Homes in 95112 had an average of 22 days on market in Apr 2024, up by 9.7% compared to last year.

Breakdown of Home Sale Times

15 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 95112 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 18 homes were sold in 95112; 83% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 6% 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

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