Is 95223, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95223 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 95223 was a Seller's Market.

Key Takeaway

95223 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 95223, CA

How much do homes in 95223, CA cost?

Median Sold Price

$478,000

$287/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,500(+10.5%)

Key Takeaway

Homes in 95223 have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in 95223 was $478,000 in October 2024, up 10.5% from last year, and the median price per square foot was $287.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $196K$245K
+25.0%
2 $300K$345K
+15.0%
3 $485K$500.5K
+3.2%
4 $497.5K$622.3K
+25.1%
5+ $512K-
N/A

Summary: 95223 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 25.1%, and 5+ bedroom homes did not change.

Housing Supply in 95223, CA

How many homes are available in 95223, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1112+9.1%

Summary: The 95223 real estate market had 12 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 12
+100.0%
3 78
+14.3%
4 22
0.0%
5+ 00
0.0%

Summary: The 95223 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 increased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95223, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 95223 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 95223, CA

How long does it take to sell a home in 95223, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
101 Days43 Days-57.4%

Summary: Homes in 95223 had an average of 43 days on market in Oct 2024, down by 57.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 95223 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 95223; 0% of homes were sold within 30 days, 100% 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 13 Days Ago

Newest Listings in 95223, CA

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