Is 96001, 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, 96001 has remained a Seller's Market.
Housing Prices in 96001, CA
How much do homes in 96001, CA cost?
Median Sold Price
$395,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 96001 was $395,000 in March 2024, up 1.5% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $196K | $135K | -31.1% |
2 Bedrooms | $270K | $250K | -7.4% |
3 Bedrooms | $379K | $393K | +3.7% |
4 Bedrooms | $467K | $490K | +4.9% |
5+ Bedrooms | $715K | $555K | -22.4% |
Summary: 96001 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.1%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 22.4%.
Median Sold Price Compared To Nearby Zip Codes
96001 | $389K | $395K | +1.5% |
96019 | $295K | $290K | -1.7% |
96002 | $385K | $377.3K | -2.0% |
Housing Supply in 96001, CA
How many homes are available in 96001, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
126 | 134 | +6.3% |
Summary: The 96001 real estate market had 134 homes for sale in March 2024, a 6.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 17 | 16 | -5.9% |
3 Bedrooms | 68 | 70 | +2.9% |
4 Bedrooms | 36 | 41 | +13.9% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 96001 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 decreased by 5.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 42 | +23.5% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in 96001 in March 2024, up by 23.5% month-over-month. Of the 42 sold homes, 48% were sold under asking, 26% were sold at asking, and 26% were sold over asking.
Days on Market for 96001, CA
How long does it take to sell a home in 96001, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
74 Days | 71 Days | -3.7% |
Summary: Homes in 96001 had an average of 71 days on market in Mar 2024, down by 3.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 42 homes were sold in 96001; 14% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.