Is 95118, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 95118 has remained a Seller's Market.
Housing Prices in 95118, CA
How much do homes in 95118, CA cost?
Median Sold Price
$1,550,000
$1,028/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 95118 was $1,550,000 in March 2024, up 5.2% from last year, and the median price per square foot was $1,028.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $514K | $517.5K | +0.7% |
2 Bedrooms | $584K | $664.5K | +13.8% |
3 Bedrooms | $1.4M | $1.4M | +1.0% |
4 Bedrooms | $1.6M | $1.7M | +4.6% |
5+ Bedrooms | $1.7M | $1.9M | +7.6% |
Summary: 95118 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 7.6%.
Housing Supply in 95118, CA
How many homes are available in 95118, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 45 | +32.4% |
Summary: The 95118 real estate market had 45 homes for sale in March 2024, a 32.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 18 | 23 | +27.8% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The 95118 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 20 | +66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 95118 in March 2024, up by 66.7% month-over-month. Of the 20 sold homes, 0% were sold under asking, 5% were sold at asking, and 95% were sold over asking.
Days on Market for 95118, CA
How long does it take to sell a home in 95118, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 12 Days | -56.6% |
Summary: Homes in 95118 had an average of 12 days on market in Mar 2024, down by 56.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 95118; 95% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.