Is 96013, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96013 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 96013 was a Buyer's Market.

Key Takeaway

96013 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 96013, CA

How much do homes in 96013, CA cost?

Median Sold Price

$199,500

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$21,900(-9.9%)

Key Takeaway

Homes in 96013 have sold for 9.9% less than they did a year ago.

Summary: The median home sold price in 96013 was $199,500 in October 2024, down 9.9% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$135.5K
N/A
2 $180K$167.5K
-6.9%
3 $221.4K$212.5K
-4.0%
4 $501K$295K
-41.1%
5+ $325K-
N/A

Summary: 96013 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 6.9%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 41.1%, and 5+ bedroom homes did not change.

Housing Supply in 96013, CA

How many homes are available in 96013, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2829+3.6%

Summary: The 96013 real estate market had 29 homes for sale in October 2024, a 3.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2223
+4.5%
4 22
0.0%
5+ 11
0.0%

Summary: The 96013 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 remained the same, 3 bedroom homes increased by 4.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

3 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 96013, 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 96013 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for 96013, CA

How long does it take to sell a home in 96013, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
121 Days124 Days+2.5%

Summary: Homes in 96013 had an average of 124 days on market in Oct 2024, up by 2.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 96013 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 5 homes were sold in 96013; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

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