Is 96022, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 96022 was a Seller's Market.
Housing Prices in 96022, CA
How much do homes in 96022, CA cost?
Median Sold Price
$375,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 96022 was $375,000 in April 2024, up 1.6% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $259K | $404K | +56.0% |
2 Bedrooms | $243.2K | $269.5K | +10.8% |
3 Bedrooms | $364.7K | $365K | 0.1% |
4 Bedrooms | $505K | $447.5K | -11.4% |
5+ Bedrooms | $515K | $385K | -25.2% |
Summary: 96022 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 25.2%.
Median Sold Price Compared To Nearby Zip Codes
96080 | $313.2K | $355K | +13.3% |
96007 | $332.5K | $339.9K | +2.2% |
96022 | $369K | $375K | +1.6% |
Housing Supply in 96022, CA
How many homes are available in 96022, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
75 | 95 | +26.7% |
Summary: The 96022 real estate market had 95 homes for sale in April 2024, a 26.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 9 | +80.0% |
3 Bedrooms | 55 | 66 | +20.0% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The 96022 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 80%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 14 | -17.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 96022 in April 2024, down by 17.6% month-over-month. Of the 14 sold homes, 29% were sold under asking, 36% were sold at asking, and 36% were sold over asking.
Days on Market for 96022, CA
How long does it take to sell a home in 96022, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
90 Days | 77 Days | -15.0% |
Summary: Homes in 96022 had an average of 77 days on market in Apr 2024, down by 15% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in 96022; 21% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.