Is 95111, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95111 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 95111 has remained a Seller's Market.

Key Takeaway

95111 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95111, CA

How much do homes in 95111, CA cost?

Median Sold Price

$1,037,500

$697/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$57,500(+5.9%)

Key Takeaway

Homes in 95111 have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in 95111 was $1,037,500 in November 2024, up 5.9% from last year, and the median price per square foot was $697.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $440K$462.5K
+5.1%
2 $578.5K$597.5K
+3.3%
3 $1.0M$1.0M
+4.8%
4 $1.2M$1.2M
+4.6%
5+ $1.4M$1.2M
-14.3%

Summary: 95111 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.1%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 14.3%.

Median Sold Price Compared To Nearby Zip Codes

95136
+11.6%
95112
+8.5%
95125
+8.0%
95111
+5.9%

Housing Supply in 95111, CA

How many homes are available in 95111, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5958-1.7%

Summary: The 95111 real estate market had 58 homes for sale in November 2024, a 1.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1714
-17.6%
3 2523
-8.0%
4 1519
+26.7%
5+ 11
0.0%

Summary: The 95111 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 17.6%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1624+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95111, you could pay more than the asking price. 81.8% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in 95111 in November 2024, up by 50.0% month-over-month. Of the 22 sold homes, 14% were sold under asking, 5% were sold at asking, and 82% were sold over asking.

Days on Market for 95111, CA

How long does it take to sell a home in 95111, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days15 Days-23.4%

Summary: Homes in 95111 had an average of 15 days on market in Nov 2024, down by 23.4% compared to last year.

Breakdown of Home Sale Times

21 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 95111 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 24 homes were sold in 95111; 88% of homes were sold within 30 days, 13% 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 95111, CA

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