$10,000 Closing Credit*
$1,288,000
897 SqFt
3 Beds
•1 Full Bath
Mindy Luu, Listing Office: Portico Realty and Investment
Is 95051, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 95051 has remained a Seller's Market.
Key Takeaway
95051 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 95051, CA
How much do homes in 95051, CA cost?
Median Sold Price
$1,820,000
$1,199/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$220,000(+13.8%)
Key Takeaway
Homes in 95051 have sold for 13.8% more than they did a year ago.
Summary: The median home sold price in 95051 was $1,820,000 in November 2024, up 13.8% from last year, and the median price per square foot was $1,199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $479K | $445K | -7.1% |
| 2 Bedrooms | $793K | $834K | +5.2% |
| 3 Bedrooms | $1.6M | $1.8M | +13.1% |
| 4 Bedrooms | $1.8M | $2.1M | +16.2% |
| 5+ Bedrooms | $2.0M | $2.3M | +16.8% |
Summary: 95051 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 16.8%.
Housing Supply in 95051, CA
How many homes are available in 95051, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 84 | 65 | -22.6% |
Summary: The 95051 real estate market had 65 homes for sale in November 2024, a 22.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 9 | -18.2% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 27 | 16 | -40.7% |
| 4 Bedrooms | 23 | 18 | -21.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 95051 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 40.7%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 25 | -24.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 95051, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in 95051 in November 2024, down by 24.2% month-over-month. Of the 24 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% were sold over asking.
Days on Market for 95051, CA
How long does it take to sell a home in 95051, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 20 Days | +14.3% |
Summary: Homes in 95051 had an average of 20 days on market in Nov 2024, up by 14.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 95051 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in 95051; 68% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.