Is 95423, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95423 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 95423 has remained a Buyer's Market.

Key Takeaway

95423 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 95423, CA

How much do homes in 95423, CA cost?

Median Sold Price

$265,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$25,000(-8.6%)

Key Takeaway

Homes in 95423 have sold for 8.6% less than they did a year ago.

Summary: The median home sold price in 95423 was $265,000 in November 2024, down 8.6% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $129K$164.2K
+27.3%
2 $233K$239K
+2.6%
3 $338K$330K
-2.4%
4 $307.5K$369K
+20.0%
5+ $185K$420K
+127.0%

Summary: 95423 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 127%.

Median Sold Price Compared To Nearby Zip Codes

95422
+4.4%
95423
-8.6%

Housing Supply in 95423, CA

How many homes are available in 95423, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4845-6.3%

Summary: The 95423 real estate market had 45 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 1314
+7.7%
3 2826
-7.1%
4 21
-50.0%
5+ 11
0.0%

Summary: The 95423 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95423, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 95423 in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for 95423, CA

How long does it take to sell a home in 95423, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days76 Days+307.1%

Summary: Homes in 95423 had an average of 76 days on market in Nov 2024, up by 307.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 95423 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 5 homes were sold in 95423; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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

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