Is 95122, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95122 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 95122 has remained a Seller's Market.

Key Takeaway

95122 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95122, CA

How much do homes in 95122, CA cost?

Median Sold Price

$950,000

$745/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$36,000(+3.9%)

Key Takeaway

Homes in 95122 have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in 95122 was $950,000 in October 2024, up 3.9% from last year, and the median price per square foot was $745.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $433.5K$435K
0.3%
2 $575K$619K
+7.7%
3 $900K$920K
+2.2%
4 $1.0M$1.1M
+9.9%
5+ $1.2M$1.1M
-10.7%

Summary: 95122 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 10.7%.

Median Sold Price Compared To Nearby Zip Codes

95148
+14.9%
95112
+11.4%
95116
+5.9%
95121
+5.5%
95122
+3.9%

Housing Supply in 95122, CA

How many homes are available in 95122, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
37370.0%

Summary: The 95122 real estate market had 37 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 2119
-9.5%
4 1112
+9.1%
5+ 24
+100.0%

Summary: The 95122 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1214+16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95122, you could pay more than the asking price. 76.9% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 95122 in October 2024, up by 16.7% month-over-month. Of the 13 sold homes, 15% were sold under asking, 8% were sold at asking, and 77% were sold over asking.

Days on Market for 95122, CA

How long does it take to sell a home in 95122, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days26 Days+5.3%

Summary: Homes in 95122 had an average of 26 days on market in Oct 2024, up by 5.3% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 95122 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in 95122; 71% of homes were sold within 30 days, 29% 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 20 Days Ago

Newest Listings in 95122, CA

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