Is 95404, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95404 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 95404 has remained a Seller's Market.

Key Takeaway

95404 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95404, CA

How much do homes in 95404, CA cost?

Median Sold Price

$885,000

$484/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,333(+0.4%)

Key Takeaway

The sold price of homes in 95404 has remained the same since last year.

Summary: The median home sold price in 95404 was $885,000 in October 2024, up 0.4% from last year, and the median price per square foot was $484.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $525K$367.5K
-30.0%
2 $688K$625K
-9.2%
3 $810K$850K
+4.9%
4 $1.2M$1.1M
-15.2%
5+ $1.9M$1.5M
-23.6%

Summary: 95404 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 23.6%.

Median Sold Price Compared To Nearby Zip Codes

95407
+5.4%
95403
+1.3%
95409
+0.6%
95404
0.4%
95405
-1.3%

Housing Supply in 95404, CA

How many homes are available in 95404, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
142133-6.3%

Summary: The 95404 real estate market had 133 homes for sale in October 2024, a 6.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 2119
-9.5%
3 5552
-5.5%
4 4342
-2.3%
5+ 2220
-9.1%

Summary: The 95404 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 decreased by 9.5%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3436+5.9%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95404, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in 95404 in October 2024, up by 5.9% month-over-month. Of the 36 sold homes, 44% were sold under asking, 19% were sold at asking, and 36% were sold over asking.

Days on Market for 95404, CA

How long does it take to sell a home in 95404, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days8 Days-57.9%

Summary: Homes in 95404 had an average of 8 days on market in Oct 2024, down by 57.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 95404 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 36 homes were sold in 95404; 3% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in 95404, CA

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