Is 95045, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95045 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 95045 has remained a Seller's Market.

Key Takeaway

95045 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95045, CA

How much do homes in 95045, CA cost?

Median Sold Price

$1,012,500

$412/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$12,550(+1.3%)

Key Takeaway

Homes in 95045 have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in 95045 was $1,012,500 in December 2024, up 1.3% from last year, and the median price per square foot was $412.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $1.0M$635K
-41.2%
3 $835K$840K
+0.6%
4 $999.9K$1.0M
+4.3%
5+ $1.2M$1.2M
-5.4%

Summary: 95045 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 41.2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 5.4%.

Median Sold Price Compared To Nearby Zip Codes

95020
+6.3%
95023
+3.8%
95045
+1.3%
93908
-0.5%

Housing Supply in 95045, CA

How many homes are available in 95045, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1413-7.1%

Summary: The 95045 real estate market had 13 homes for sale in December 2024, a 7.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 77
0.0%
4 22
0.0%
5+ 43
-25.0%

Summary: The 95045 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95045, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 95045 in December 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 95045, CA

How long does it take to sell a home in 95045, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
25 Days49 Days+91.7%

Summary: Homes in 95045 had an average of 49 days on market in Dec 2024, up by 91.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 95045 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in 95045; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 8 Days Ago

Newest Listings in 95045, CA

Nearby Markets to 95045, CA