Is 95127, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95127 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 95127 has remained a Seller's Market.

Key Takeaway

95127 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95127, CA

How much do homes in 95127, CA cost?

Median Sold Price

$1,100,000

$763/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$96,666(+9.6%)

Key Takeaway

Homes in 95127 have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in 95127 was $1,100,000 in April 2024, up 9.6% from last year, and the median price per square foot was $763.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $410K$425K
+3.7%
2 $720K$880K
+22.2%
3 $975K$1.0M
+6.4%
4 $1.2M$1.3M
+3.5%
5+ $1.4M$1.7M
+18.6%

Summary: 95127 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 18.6%.

Median Sold Price Compared To Nearby Zip Codes

95127
+9.6%
95148
+9.0%
95122
+6.7%
95133
+4.2%
95116
-1.2%

Housing Supply in 95127, CA

How many homes are available in 95127, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6579+21.5%

Summary: The 95127 real estate market had 79 homes for sale in April 2024, a 21.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 913
+44.4%
3 3340
+21.2%
4 1013
+30.0%
5+ 1111
0.0%

Summary: The 95127 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2128+33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95127, you could pay more than the asking price. 69.2% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in 95127 in April 2024, up by 33.3% month-over-month. Of the 26 sold homes, 23% were sold under asking, 8% were sold at asking, and 69% were sold over asking.

Days on Market for 95127, CA

How long does it take to sell a home in 95127, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
18 Days17 Days-3.9%

Summary: Homes in 95127 had an average of 17 days on market in Apr 2024, down by 3.9% compared to last year.

Breakdown of Home Sale Times

25 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 95127 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 28 homes were sold in 95127; 89% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 4% 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 5 Days Ago

Newest Listings in 95127, CA

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