Is 95128, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95128 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 95128 has remained a Seller's Market.

Key Takeaway

95128 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95128, CA

How much do homes in 95128, CA cost?

Median Sold Price

$1,450,000

$1,023/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$170,000(+13.3%)

Key Takeaway

Homes in 95128 have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in 95128 was $1,450,000 in October 2024, up 13.3% from last year, and the median price per square foot was $1,023.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $435K$483.8K
+11.2%
2 $945K$905K
-4.2%
3 $1.4M$1.6M
+12.8%
4 $1.6M$1.9M
+15.6%
5+ $2.6M$1.4M
-45.5%

Summary: 95128 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.2%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes decreased by 45.5%.

Median Sold Price Compared To Nearby Zip Codes

95117
+24.4%
95128
+13.3%
95008
+9.8%
95050
+9.3%
95126
+7.4%

Housing Supply in 95128, CA

How many homes are available in 95128, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5150-2.0%

Summary: The 95128 real estate market had 50 homes for sale in October 2024, a 2.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 31
-66.7%
2 1314
+7.7%
3 2525
0.0%
4 87
-12.5%
5+ 23
+50.0%

Summary: The 95128 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 7.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1719+11.8%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95128, you could pay more than the asking price. 88.9% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in 95128 in October 2024, up by 11.8% month-over-month. Of the 18 sold homes, 0% were sold under asking, 11% were sold at asking, and 89% were sold over asking.

Days on Market for 95128, CA

How long does it take to sell a home in 95128, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days16 Days-3.0%

Summary: Homes in 95128 had an average of 16 days on market in Oct 2024, down by 3% compared to last year.

Breakdown of Home Sale Times

16 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 95128 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 19 homes were sold in 95128; 84% of homes were sold within 30 days, 16% 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 95128, CA

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