Is 96088, 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, 96088 has remained a Seller's Market.
Housing Prices in 96088, CA
How much do homes in 96088, CA cost?
Median Sold Price
$329,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 96088 was $329,000 in April 2024, down 0.3% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $119.9K | $171K | +42.6% |
2 Bedrooms | $267K | $270K | +1.1% |
3 Bedrooms | $374K | $339K | -9.4% |
4 Bedrooms | $380K | $490K | +28.9% |
5+ Bedrooms | - | $450K | N/A |
Summary: 96088 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.6%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 28.9%, and 5+ bedroom homes did not change.
Housing Supply in 96088, CA
How many homes are available in 96088, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 57 | +32.6% |
Summary: The 96088 real estate market had 57 homes for sale in April 2024, a 32.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 8 | 17 | +112.5% |
3 Bedrooms | 27 | 32 | +18.5% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 96088 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 112.5%, 3 bedroom homes increased by 18.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 10 | +233.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 96088 in April 2024, up by 233.3% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for 96088, CA
How long does it take to sell a home in 96088, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 159 Days | +161.4% |
Summary: Homes in 96088 had an average of 159 days on market in Apr 2024, up by 161.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in 96088; 10% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 70% of homes were sold over 90 days.