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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95062 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 95062 has remained a Seller's Market.

Key Takeaway

95062 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95062, CA

How much do homes in 95062, CA cost?

Median Sold Price

$1,350,000

$920/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,500(+0.6%)

Key Takeaway

Homes in 95062 have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in 95062 was $1,350,000 in October 2024, up 0.6% from last year, and the median price per square foot was $920.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $427.5K$461.6K
+8.0%
2 $1.1M$1.2M
+6.2%
3 $1.3M$1.4M
+10.0%
4 $1.8M$1.5M
-13.7%
5+ $1.5M$1.7M
+14.5%

Summary: 95062 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 13.7%, and 5+ bedroom homes increased by 14.5%.

Median Sold Price Compared To Nearby Zip Codes

95065
+17.2%
95062
+0.6%
95060
-1.6%
95010
-4.6%

Housing Supply in 95062, CA

How many homes are available in 95062, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6783+23.9%

Summary: The 95062 real estate market had 83 homes for sale in October 2024, a 23.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 911
+22.2%
2 1824
+33.3%
3 2530
+20.0%
4 1214
+16.7%
5+ 34
+33.3%

Summary: The 95062 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1115+36.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 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. 42.9% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 95062 in October 2024, up by 36.4% month-over-month. Of the 14 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% 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

Oct 2023Oct 2024CHANGE
77 Days23 Days-70.3%

Summary: Homes in 95062 had an average of 23 days on market in Oct 2024, down by 70.3% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 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 October 2024, 15 homes were sold in 95062; 67% of homes were sold within 30 days, 33% 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 14 Days Ago

Newest Listings in 95062, CA

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