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 October 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

$1,575,000

$750/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$325,000(-17.1%)

Key Takeaway

Homes in 95046 have sold for 17.1% less than they did a year ago.

Summary: The median home sold price in 95046 was $1,575,000 in October 2024, down 17.1% from last year, and the median price per square foot was $750.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $2.0M-
N/A
2 $400K$750K
+87.5%
3 $1.3M$1.5M
+14.3%
4 $2.0M$1.6M
-21.2%
5+ $2.8M$2.1M
-26.5%

Summary: 95046 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 87.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes decreased by 26.5%.

Median Sold Price Compared To Nearby Zip Codes

95037
+7.7%
95020
+5.6%
95046
-17.1%

Housing Supply in 95046, CA

How many homes are available in 95046, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
12120.0%

Summary: The 95046 real estate market had 12 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 55
0.0%
3 22
0.0%
4 22
0.0%
5+ 22
0.0%

Summary: The 95046 housing inventory by bedroom type for October 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 remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 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. 60% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 95046 in October 2024, up by 500.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% 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

Oct 2023Oct 2024CHANGE
63 Days88 Days+39.0%

Summary: Homes in 95046 had an average of 88 days on market in Oct 2024, up by 39% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 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 October 2024, 6 homes were sold in 95046; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 95046, CA

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