Is 96062, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96062 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 96062 was a Buyer's Market.

Key Takeaway

96062 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 96062, CA

How much do homes in 96062, CA cost?

Median Sold Price

$599,900

$300/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$26,900(+4.7%)

Key Takeaway

Homes in 96062 have sold for 4.7% more than they did a month ago.

Summary: The median home sold price in 96062 was $599,900 in November 2024, up 4.7% from last month, and the median price per square foot was $300.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $573K$599.9K
+4.7%
4 --
N/A
5+ --
N/A

Summary: 96062 housing prices by bedroom type for November 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 increased by 4.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 96062, CA

How many homes are available in 96062, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
87-12.5%

Summary: The 96062 real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 33
0.0%
5+ 11
0.0%

Summary: The 96062 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96062, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 96062 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 96062, CA

How long does it take to sell a home in 96062, CA?

Average Sale Time

Oct 2024Nov 2024CHANGE
92 Days200 Days+117.4%

Summary: Homes in 96062 had an average of 200 days on market in Nov 2024, up by 117.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 96062 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in 96062; 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 21 Days Ago

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