Is 95123, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95123 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 95123 has remained a Seller's Market.

Key Takeaway

95123 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95123, CA

How much do homes in 95123, CA cost?

Median Sold Price

$1,400,525

$827/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$175,525(+14.3%)

Key Takeaway

Homes in 95123 have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in 95123 was $1,400,525 in November 2024, up 14.3% from last year, and the median price per square foot was $827.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $519K$515K
-0.8%
2 $630K$672.5K
+6.7%
3 $1.2M$1.4M
+9.4%
4 $1.3M$1.6M
+17.3%
5+ $1.5M$1.7M
+11.2%

Summary: 95123 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 11.2%.

Median Sold Price Compared To Nearby Zip Codes

95123
+14.3%
95136
+11.6%
95120
+8.9%
95111
+5.9%
95119
+5.8%

Housing Supply in 95123, CA

How many homes are available in 95123, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
139115-17.3%

Summary: The 95123 real estate market had 115 homes for sale in November 2024, a 17.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 3630
-16.7%
3 4637
-19.6%
4 4538
-15.6%
5+ 86
-25.0%

Summary: The 95123 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 16.7%, 3 bedroom homes decreased by 19.6%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5240-23.1%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95123, you may be able to get a good deal. 43.6% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in 95123 in November 2024, down by 23.1% month-over-month. Of the 39 sold homes, 44% were sold under asking, 13% were sold at asking, and 44% were sold over asking.

Days on Market for 95123, CA

How long does it take to sell a home in 95123, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days20 Days-4.4%

Summary: Homes in 95123 had an average of 20 days on market in Nov 2024, down by 4.4% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 95123 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 40 homes were sold in 95123; 78% of homes were sold within 30 days, 23% 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 95123, CA

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