Is 96051, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96051 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 96051 has remained a Seller's Market.

Key Takeaway

96051 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 96051, CA

How much do homes in 96051, CA cost?

Median Sold Price

$340,000

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$20,000(+6.3%)

Key Takeaway

Homes in 96051 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 96051 was $340,000 in April 2024, up 6.3% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $182.4K$260K
+42.5%
2 $355K$239.9K
-32.4%
3 $313K$385K
+23.0%
4 $500K$532.5K
+6.5%
5+ --
N/A

Summary: 96051 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.5%, 2 bedroom homes decreased by 32.4%, 3 bedroom homes increased by 23%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

96051
+6.3%
96003
0.0%
96019
-2.4%

Housing Supply in 96051, CA

How many homes are available in 96051, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
10100.0%

Summary: The 96051 real estate market had 10 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 41
-75.0%
3 69
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 96051 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 decreased by 75%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96051, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 96051 in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 96051, CA

How long does it take to sell a home in 96051, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
153 Days69 Days-54.6%

Summary: Homes in 96051 had an average of 69 days on market in Apr 2024, down by 54.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 96051 has remained consistent over time.

Summary: During April 2024, 2 homes were sold in 96051; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in 96051, CA

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