Is 95131, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 95131 has remained a Seller's Market.
Housing Prices in 95131, CA
How much do homes in 95131, CA cost?
Median Sold Price
$1,348,000
$808/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 95131 was $1,348,000 in April 2024, up 11.7% from last year, and the median price per square foot was $808.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $555K | $640K | +15.3% |
2 Bedrooms | $949.4K | $980K | +3.2% |
3 Bedrooms | $1.2M | $1.3M | +10.6% |
4 Bedrooms | $1.5M | $1.4M | -2.6% |
5+ Bedrooms | $1.7M | $1.8M | +5.3% |
Summary: 95131 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.3%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 5.3%.
Housing Supply in 95131, CA
How many homes are available in 95131, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 48 | -2.0% |
Summary: The 95131 real estate market had 48 homes for sale in April 2024, a 2.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 95131 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 26 | +44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 95131 in April 2024, up by 44.4% month-over-month. Of the 25 sold homes, 8% were sold under asking, 12% were sold at asking, and 80% were sold over asking.
Days on Market for 95131, CA
How long does it take to sell a home in 95131, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 12 Days | +86.4% |
Summary: Homes in 95131 had an average of 12 days on market in Apr 2024, up by 86.4% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in 95131; 88% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.