Is 95046, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95046 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 95046 has remained a Seller's Market.

Key Takeaway

95046 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95046, CA

How much do homes in 95046, CA cost?

Median Sold Price

$1,616,500

$769/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$126,500(+8.5%)

Key Takeaway

Homes in 95046 have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in 95046 was $1,616,500 in December 2024, up 8.5% from last year, and the median price per square foot was $769.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $2.0M$300K
-85.0%
2 $393.5K$750K
+90.6%
3 $1.3M$1.6M
+17.3%
4 $1.8M$1.6M
-9.2%
5+ $2.8M$2.1M
-26.5%

Summary: 95046 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 85%, 2 bedroom homes increased by 90.6%, 3 bedroom homes increased by 17.3%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes decreased by 26.5%.

Median Sold Price Compared To Nearby Zip Codes

95046
+8.5%
95037
+8.3%
95020
+6.3%

Housing Supply in 95046, CA

How many homes are available in 95046, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
78+14.3%

Summary: The 95046 real estate market had 8 homes for sale in December 2024, a 14.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 21
-50.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The 95046 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 increased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95046, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 95046 in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 95046, CA

How long does it take to sell a home in 95046, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
46 Days38 Days-18.6%

Summary: Homes in 95046 had an average of 38 days on market in Dec 2024, down by 18.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 95046 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in 95046; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 7 Days Ago

Newest Listings in 95046, CA

Nearby Markets to 95046, CA