Is 95123, 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, 95123 has remained a Seller's Market.
Housing Prices in 95123, CA
How much do homes in 95123, CA cost?
Median Sold Price
$1,275,540
$770/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 95123 was $1,275,540 in March 2024, up 6.3% from last year, and the median price per square foot was $770.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $515K | $523K | +1.6% |
2 Bedrooms | $620K | $650K | +4.8% |
3 Bedrooms | $1.2M | $1.3M | +7.8% |
4 Bedrooms | $1.3M | $1.4M | +4.5% |
5+ Bedrooms | $1.6M | $1.5M | -5.4% |
Summary: 95123 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 5.4%.
Housing Supply in 95123, CA
How many homes are available in 95123, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
82 | 113 | +37.8% |
Summary: The 95123 real estate market had 113 homes for sale in March 2024, a 37.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 8 | +33.3% |
2 Bedrooms | 22 | 29 | +31.8% |
3 Bedrooms | 25 | 28 | +12.0% |
4 Bedrooms | 24 | 41 | +70.8% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 95123 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 31.8%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 70.8%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 42 | +23.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
33 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in 95123 in March 2024, up by 23.5% month-over-month. Of the 41 sold homes, 17% were sold under asking, 2% were sold at asking, and 80% were sold over asking.
Days on Market for 95123, CA
How long does it take to sell a home in 95123, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 15 Days | -23.9% |
Summary: Homes in 95123 had an average of 15 days on market in Mar 2024, down by 23.9% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 42 homes were sold in 95123; 86% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.