Is 96008, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96008 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 96008 was a Neutral Market.

Key Takeaway

96008 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 96008, CA

How much do homes in 96008, CA cost?

Median Sold Price

$657,500

$243/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$570,500(+655.7%)

Key Takeaway

Homes in 96008 have sold for 655.7% more than they did a month ago.

Summary: The median home sold price in 96008 was $657,500 in October 2024, up 655.7% from last month, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $87K-
N/A
3 -$465K
N/A
4 -$850K
N/A
5+ --
N/A

Summary: 96008 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 96008, CA

How many homes are available in 96008, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
770.0%

Summary: The 96008 real estate market had 7 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 34
+33.3%
4 22
0.0%
5+ 11
0.0%

Summary: The 96008 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 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96008, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 96008 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 96008, CA

How long does it take to sell a home in 96008, CA?

Average Sale Time

Sep 2024Oct 2024CHANGE
177 Days83 Days-52.8%

Summary: Homes in 96008 had an average of 83 days on market in Oct 2024, down by 52.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 96008 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 96008; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 96008, CA

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