Is 95451, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95451 is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, 95451 was a Seller's Market.

Key Takeaway

95451 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 95451, CA

How much do homes in 95451, CA cost?

Median Sold Price

$375,000

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$5,000(-1.3%)

Key Takeaway

Homes in 95451 have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in 95451 was $375,000 in May 2024, down 1.3% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $200.5K$245K
+22.2%
2 $351.5K$338K
-3.8%
3 $380K$389K
+2.4%
4 $417K$490K
+17.5%
5+ $825K$485K
-41.2%

Summary: 95451 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes decreased by 41.2%.

Median Sold Price Compared To Nearby Zip Codes

95461
+2.8%
95425
+1.7%
95451
-1.3%
95422
-4.6%
95453
-19.5%

Housing Supply in 95451, CA

How many homes are available in 95451, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
115123+7.0%

Summary: The 95451 real estate market had 123 homes for sale in May 2024, a 7.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 21
-50.0%
2 2324
+4.3%
3 6163
+3.3%
4 2428
+16.7%
5+ 57
+40.0%

Summary: The 95451 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1610-37.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95451, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 95451 in May 2024, down by 37.5% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 95451, CA

How long does it take to sell a home in 95451, CA?

Average Sale Time

May 2023May 2024CHANGE
115 Days66 Days-42.9%

Summary: Homes in 95451 had an average of 66 days on market in May 2024, down by 42.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 95451 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 10 homes were sold in 95451; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 1 Day Ago

Newest Listings in 95451, CA

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