Is 95122, 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, 95122 has remained a Seller's Market.
Housing Prices in 95122, CA
How much do homes in 95122, CA cost?
Median Sold Price
$942,500
$765/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 95122 was $942,500 in March 2024, up 4.7% from last year, and the median price per square foot was $765.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $465K | $440K | -5.4% |
2 Bedrooms | $620K | $595K | -4.0% |
3 Bedrooms | $883.7K | $890K | +0.7% |
4 Bedrooms | $1.0M | $1.1M | +11.2% |
5+ Bedrooms | $1.0M | $2.3M | +132.5% |
Summary: 95122 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 132.5%.
Housing Supply in 95122, CA
How many homes are available in 95122, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 37 | +12.1% |
Summary: The 95122 real estate market had 37 homes for sale in March 2024, a 12.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 18 | 18 | 0.0% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 95122 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 75%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 95122 in March 2024, up by 18.2% month-over-month. Of the 9 sold homes, 11% were sold under asking, 22% were sold at asking, and 67% were sold over asking.
Days on Market for 95122, CA
How long does it take to sell a home in 95122, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 14 Days | -41.1% |
Summary: Homes in 95122 had an average of 14 days on market in Mar 2024, down by 41.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in 95122; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.