Is 95405, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95405 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 95405 has remained a Seller's Market.

Key Takeaway

95405 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95405, CA

How much do homes in 95405, CA cost?

Median Sold Price

$735,000

$466/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,000(-1.3%)

Key Takeaway

Homes in 95405 have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in 95405 was $735,000 in October 2024, down 1.3% from last year, and the median price per square foot was $466.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$316K
N/A
2 $559.5K$571.6K
+2.2%
3 $744.3K$735K
-1.3%
4 $955K$910K
-4.7%
5+ $1.0M$1.0M
+5.7%

Summary: 95405 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Zip Codes

95409
+0.6%
95404
0.4%
95405
-1.3%

Housing Supply in 95405, CA

How many homes are available in 95405, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5447-13.0%

Summary: The 95405 real estate market had 47 homes for sale in October 2024, a 13.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1511
-26.7%
3 2421
-12.5%
4 1213
+8.3%
5+ 32
-33.3%

Summary: The 95405 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 26.7%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1721+23.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95405, you could pay more than the asking price. 52.4% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in 95405 in October 2024, up by 23.5% month-over-month. Of the 21 sold homes, 14% were sold under asking, 33% were sold at asking, and 52% were sold over asking.

Days on Market for 95405, CA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in 95405, CA

Nearby Markets to 95405, CA