Is 95005, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95005 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 95005 has remained a Seller's Market.

Key Takeaway

95005 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95005, CA

How much do homes in 95005, CA cost?

Median Sold Price

$913,000

$630/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,000(+0.9%)

Key Takeaway

Homes in 95005 have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in 95005 was $913,000 in October 2024, up 0.9% from last year, and the median price per square foot was $630.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $526.5K$610K
+15.9%
2 $830K$749.5K
-9.7%
3 $950K$955K
0.5%
4 $1.1M$1.0M
-7.0%
5+ $1.2M$1.2M
-1.6%

Summary: 95005 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.9%, 2 bedroom homes decreased by 9.7%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 1.6%.

Median Sold Price Compared To Nearby Zip Codes

95033
+2.9%
95006
+2.0%
95005
+0.9%
95060
-1.6%
95018
-8.7%

Housing Supply in 95005, CA

How many homes are available in 95005, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2526+4.0%

Summary: The 95005 real estate market had 26 homes for sale in October 2024, a 4.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 35
+66.7%
3 1212
0.0%
4 67
+16.7%
5+ 21
-50.0%

Summary: The 95005 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
770.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95005, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 95005 in October 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for 95005, CA

How long does it take to sell a home in 95005, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days47 Days+116.6%

Summary: Homes in 95005 had an average of 47 days on market in Oct 2024, up by 116.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 95005 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 95005; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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 14 Days Ago

Newest Listings in 95005, CA

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