Is 96007, 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, 96007 has remained a Seller's Market.
Housing Prices in 96007, CA
How much do homes in 96007, CA cost?
Median Sold Price
$339,950
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 96007 was $339,950 in April 2024, up 2.2% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $172K | +49.6% |
2 Bedrooms | $220K | $237.7K | +8.1% |
3 Bedrooms | $333K | $339.9K | +2.1% |
4 Bedrooms | $480K | $425K | -11.5% |
5+ Bedrooms | $325K | $488.7K | +50.4% |
Summary: 96007 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 49.6%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 50.4%.
Median Sold Price Compared To Nearby Zip Codes
96007 | $332.5K | $339.9K | +2.2% |
96022 | $369K | $375K | +1.6% |
96002 | $385K | $380K | -1.3% |
96073 | $560K | $552K | -1.4% |
Housing Supply in 96007, CA
How many homes are available in 96007, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 76 | +20.6% |
Summary: The 96007 real estate market had 76 homes for sale in April 2024, a 20.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 39 | 49 | +25.6% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 96007 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 remained the same, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 18 | +100.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 96007 in April 2024, up by 100.0% month-over-month. Of the 18 sold homes, 39% were sold under asking, 33% were sold at asking, and 28% were sold over asking.
Days on Market for 96007, CA
How long does it take to sell a home in 96007, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
66 Days | 84 Days | +25.7% |
Summary: Homes in 96007 had an average of 84 days on market in Apr 2024, up by 25.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in 96007; 11% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.