Is 95006, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95006 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 95006 was a Seller's Market.

Key Takeaway

95006 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 95006, CA

How much do homes in 95006, CA cost?

Median Sold Price

$750,000

$547/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 95006 has remained the same since last year.

Summary: The median home sold price in 95006 was $750,000 in November 2024, the same as last year, and the median price per square foot was $547.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $499K$350K
-29.9%
2 $622.5K$634.5K
+1.9%
3 $845K$851K
+0.7%
4 $1.1M$962.5K
-14.4%
5+ $1.1M$1.6M
+45.1%

Summary: 95006 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.9%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes increased by 45.1%.

Median Sold Price Compared To Nearby Zip Codes

95005
0.2%
95006
0.0%
95033
-2.1%

Housing Supply in 95006, CA

How many homes are available in 95006, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5855-5.2%

Summary: The 95006 real estate market had 55 homes for sale in November 2024, a 5.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 2022
+10.0%
3 2924
-17.2%
4 66
0.0%
5+ 00
0.0%

Summary: The 95006 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95006, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 95006 in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 95006, CA

How long does it take to sell a home in 95006, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days96 Days+177.3%

Summary: Homes in 95006 had an average of 96 days on market in Nov 2024, up by 177.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 95006 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in 95006; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 18 Days Ago

Newest Listings in 95006, CA

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