Is 95988, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95988 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 95988 has remained a Seller's Market.

Key Takeaway

95988 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95988, CA

How much do homes in 95988, CA cost?

Median Sold Price

$295,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,000(+0.7%)

Key Takeaway

Homes in 95988 have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in 95988 was $295,000 in October 2024, up 0.7% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$87.5K
N/A
2 $237.5K$171K
-28.0%
3 $305K$299K
-2.0%
4 $377.5K$344.9K
-8.6%
5+ $485K$750K
+54.6%

Summary: 95988 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 decreased by 28%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 54.6%.

Median Sold Price Compared To Nearby Zip Codes

95988
+0.7%
95963
-4.3%

Housing Supply in 95988, CA

How many homes are available in 95988, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2022+10.0%

Summary: The 95988 real estate market had 22 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 1213
+8.3%
4 23
+50.0%
5+ 21
-50.0%

Summary: The 95988 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 increased by 33.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95988, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 95988 in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for 95988, CA

How long does it take to sell a home in 95988, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
61 Days5 Days-90.6%

Summary: Homes in 95988 had an average of 5 days on market in Oct 2024, down by 90.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were 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 95988 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 95988; 100% 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 23 Days Ago

Newest Listings in 95988, CA

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