Is 95020, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95020 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 95020 has remained a Seller's Market.

Key Takeaway

95020 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95020, CA

How much do homes in 95020, CA cost?

Median Sold Price

$1,079,250

$536/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$56,750(+5.6%)

Key Takeaway

Homes in 95020 have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in 95020 was $1,079,250 in October 2024, up 5.6% from last year, and the median price per square foot was $536.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $389.5K$419K
+7.6%
2 $665K$747K
+12.3%
3 $880K$937.4K
+6.5%
4 $1.1M$1.2M
+8.1%
5+ $1.3M$1.3M
+1.2%

Summary: 95020 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Zip Codes

95037
+7.7%
95020
+5.6%
95076
+0.8%
95045
-0.2%
95046
-17.1%

Housing Supply in 95020, CA

How many homes are available in 95020, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
120147+22.5%

Summary: The 95020 real estate market had 147 homes for sale in October 2024, a 22.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 66
0.0%
3 2837
+32.1%
4 5674
+32.1%
5+ 2829
+3.6%

Summary: The 95020 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 remained the same, 3 bedroom homes increased by 32.1%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes increased by 3.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1933+73.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95020, you could pay more than the asking price. 46.9% of homes here sold above asking price last month.

Summary: A total of 33 homes were sold or pending in 95020 in October 2024, up by 73.7% month-over-month. Of the 32 sold homes, 28% were sold under asking, 25% were sold at asking, and 47% were sold over asking.

Days on Market for 95020, CA

How long does it take to sell a home in 95020, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days25 Days+54.2%

Summary: Homes in 95020 had an average of 25 days on market in Oct 2024, up by 54.2% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 95020 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 33 homes were sold in 95020; 70% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% 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 13 Days Ago

Newest Listings in 95020, CA

Nearby Markets to 95020, CA