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 October 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

$1,049,000

$703/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$99,000(+10.4%)

Key Takeaway

Homes in 95111 have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in 95111 was $1,049,000 in October 2024, up 10.4% from last year, and the median price per square foot was $703.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $427.5K$465K
+8.8%
2 $575K$597.5K
+3.9%
3 $980K$1.0M
+8.7%
4 $1.1M$1.2M
+5.9%
5+ $1.4M$1.2M
-14.3%

Summary: 95111 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 14.3%.

Median Sold Price Compared To Nearby Zip Codes

95112
+11.4%
95136
+11.3%
95111
+10.4%
95125
+5.7%
95121
+5.5%

Housing Supply in 95111, CA

How many homes are available in 95111, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5161+19.6%

Summary: The 95111 real estate market had 61 homes for sale in October 2024, a 19.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 1517
+13.3%
3 2525
0.0%
4 1017
+70.0%
5+ 11
0.0%

Summary: The 95111 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 13.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 70%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1716-5.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

14 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. 93.3% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 95111 in October 2024, down by 5.9% month-over-month. Of the 15 sold homes, 0% were sold under asking, 7% were sold at asking, and 93% 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

Oct 2023Oct 2024CHANGE
12 Days11 Days-12.9%

Summary: Homes in 95111 had an average of 11 days on market in Oct 2024, down by 12.9% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

1 Home Was 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 October 2024, 16 homes were sold in 95111; 94% of homes were sold within 30 days, 6% 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 95111, CA

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