Is 95018, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95018 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 95018 has remained a Seller's Market.

Key Takeaway

95018 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95018, CA

How much do homes in 95018, CA cost?

Median Sold Price

$775,000

$626/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$55,000(-6.6%)

Key Takeaway

Homes in 95018 have sold for 6.6% less than they did a year ago.

Summary: The median home sold price in 95018 was $775,000 in November 2024, down 6.6% from last year, and the median price per square foot was $626.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $445K$580K
+30.3%
2 $750K$661K
-11.9%
3 $1.0M$875K
-12.9%
4 $1.2M$1.0M
-12.5%
5+ $1.1M$1.3M
+23.1%

Summary: 95018 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.3%, 2 bedroom homes decreased by 11.9%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 23.1%.

Median Sold Price Compared To Nearby Zip Codes

95060
+6.4%
95066
+2.6%
95005
0.2%
95018
-6.6%

Housing Supply in 95018, CA

How many homes are available in 95018, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3431-8.8%

Summary: The 95018 real estate market had 31 homes for sale in November 2024, a 8.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 1412
-14.3%
3 1412
-14.3%
4 33
0.0%
5+ 01
+100.0%

Summary: The 95018 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 decreased by 14.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95018, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 95018 in November 2024, down by 20.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for 95018, CA

How long does it take to sell a home in 95018, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days26 Days+5.4%

Summary: Homes in 95018 had an average of 26 days on market in Nov 2024, up by 5.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 95018 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 95018; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% 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 95018, CA

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