Is 95124, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95124 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 95124 has remained a Seller's Market.

Key Takeaway

95124 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95124, CA

How much do homes in 95124, CA cost?

Median Sold Price

$1,908,000

$1,187/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$208,000(+12.2%)

Key Takeaway

Homes in 95124 have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in 95124 was $1,908,000 in October 2024, up 12.2% from last year, and the median price per square foot was $1,187.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $590K$540K
-8.5%
2 $942K$902.5K
-4.2%
3 $1.6M$1.7M
+10.2%
4 $1.9M$2.2M
+14.4%
5+ $2.2M$2.4M
+7.1%

Summary: 95124 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 7.1%.

Median Sold Price Compared To Nearby Zip Codes

95032
+14.3%
95124
+12.2%
95118
+11.9%
95008
+9.8%
95125
+5.7%

Housing Supply in 95124, CA

How many homes are available in 95124, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
77101+31.2%

Summary: The 95124 real estate market had 101 homes for sale in October 2024, a 31.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 20
-100.0%
2 1414
0.0%
3 2239
+77.3%
4 3342
+27.3%
5+ 66
0.0%

Summary: The 95124 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 77.3%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2435+45.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95124, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 35 homes were sold or pending in 95124 in October 2024, up by 45.8% month-over-month. Of the 35 sold homes, 17% were sold under asking, 3% were sold at asking, and 80% were sold over asking.

Days on Market for 95124, CA

How long does it take to sell a home in 95124, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days14 Days-12.1%

Summary: Homes in 95124 had an average of 14 days on market in Oct 2024, down by 12.1% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 95124 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 35 homes were sold in 95124; 83% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 3% 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 95124, CA

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