Is 95131, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95131 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 95131 has remained a Seller's Market.

Key Takeaway

95131 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95131, CA

How much do homes in 95131, CA cost?

Median Sold Price

$1,325,000

$822/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$75,000(+6.0%)

Key Takeaway

Homes in 95131 have sold for 6% more than they did a year ago.

Summary: The median home sold price in 95131 was $1,325,000 in October 2024, up 6% from last year, and the median price per square foot was $822.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $755.8K$606.5K
-19.8%
2 $925K$1.0M
+8.1%
3 $1.2M$1.3M
+7.5%
4 $1.4M$1.5M
+9.3%
5+ $1.8M$2.2M
+22.2%

Summary: 95131 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.8%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 22.2%.

Median Sold Price Compared To Nearby Zip Codes

95112
+11.4%
95133
+7.6%
95131
+6.0%
95110
-4.4%

Housing Supply in 95131, CA

How many homes are available in 95131, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5051+2.0%

Summary: The 95131 real estate market had 51 homes for sale in October 2024, a 2.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 13
+200.0%
2 1311
-15.4%
3 2217
-22.7%
4 1219
+58.3%
5+ 21
-50.0%

Summary: The 95131 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 22.7%, 4 bedroom homes increased by 58.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1620+25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95131, you could pay more than the asking price. 93.8% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in 95131 in October 2024, up by 25.0% month-over-month. Of the 16 sold homes, 6% were sold under asking, 0% were sold at asking, and 94% were sold over asking.

Days on Market for 95131, CA

How long does it take to sell a home in 95131, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days16 Days+25.0%

Summary: Homes in 95131 had an average of 16 days on market in Oct 2024, up by 25% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 95131 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 20 homes were sold in 95131; 80% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 5% 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 95131, CA

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