Is 95423, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95423 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 95423 was a Seller's Market.

Key Takeaway

95423 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 95423, CA

How much do homes in 95423, CA cost?

Median Sold Price

$267,500

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$7,500(-2.7%)

Key Takeaway

Homes in 95423 have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in 95423 was $267,500 in April 2024, down 2.7% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $180K$155K
-13.9%
2 $229.1K$240K
+4.8%
3 $326K$340K
+4.3%
4 $262.5K$325K
+23.8%
5+ -$185K
N/A

Summary: 95423 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.9%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

95422
-1.0%
95423
-2.7%

Housing Supply in 95423, CA

How many homes are available in 95423, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3750+35.1%

Summary: The 95423 real estate market had 50 homes for sale in April 2024, a 35.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 35
+66.7%
2 1821
+16.7%
3 1219
+58.3%
4 33
0.0%
5+ 12
+100.0%

Summary: The 95423 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 58.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
06+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95423, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 95423 in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for 95423, CA

How long does it take to sell a home in 95423, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
61 Days91 Days+48.5%

Summary: Homes in 95423 had an average of 91 days on market in Apr 2024, up by 48.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 95423 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 6 homes were sold in 95423; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% 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 13 Days Ago

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