Is 95062, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95062 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 95062 was a Seller's Market.

Key Takeaway

95062 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 95062, CA

How much do homes in 95062, CA cost?

Median Sold Price

$1,339,000

$908/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,750(-0.5%)

Key Takeaway

Homes in 95062 have sold for 0.5% less than they did a year ago.

Summary: The median home sold price in 95062 was $1,339,000 in November 2024, down 0.5% from last year, and the median price per square foot was $908.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $427.5K$461.6K
+8.0%
2 $1.1M$1.1M
-1.8%
3 $1.3M$1.4M
+9.6%
4 $1.8M$1.5M
-17.1%
5+ $1.5M$1.7M
+14.5%

Summary: 95062 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes increased by 14.5%.

Median Sold Price Compared To Nearby Zip Codes

95010
+12.2%
95065
+12.2%
95060
+6.4%
95062
-0.5%

Housing Supply in 95062, CA

How many homes are available in 95062, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7174+4.2%

Summary: The 95062 real estate market had 74 homes for sale in November 2024, a 4.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1112
+9.1%
2 1920
+5.3%
3 2624
-7.7%
4 1214
+16.7%
5+ 34
+33.3%

Summary: The 95062 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1510-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95062, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 95062 in November 2024, down by 33.3% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for 95062, CA

How long does it take to sell a home in 95062, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days25 Days+17.4%

Summary: Homes in 95062 had an average of 25 days on market in Nov 2024, up by 17.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 95062 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in 95062; 70% of homes were sold within 30 days, 30% 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 17 Days Ago

Newest Listings in 95062, CA

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