Yet again, no deals were completed in the 95445 zip code market over the last 30 days. The 95445 zip code is used to having 3.4 sales per month. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks.
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The 95445 zip code market reported another 30-day period of zero home sales this week. The 95445 zip code usually averages 3.4 sales per month.
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A three-week rough patch for the overall sales trend continues in the 95445 zip code market, with number of sales staying even at one over the last 30 days. As sales trended lower, the median sales price went in the opposite direction, trending up for eight weeks to $1,845,000. The 95445 zip code is still a strong buyer's market, despite the rising prices, with 23 months of inventory to choose from on top of the downward trend in sales.
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The 95445 zip code has a population that is much younger than most in California with a median age of 51 years. Also, it's somewhat affluent with a median income of $56,405 per household. The 95445 zip code is an area where 48.0% of the homes are owned, while 18.0% are rented. Topping the list of best schools in the zip code is Whale Gulch Elementary School.
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The number of homes coming into the 95445 zip code market tumbled to one listing over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price remained unchanged over the latest reporting period for the 95445 zip code, coming in at $1,845,000. The 95445 zip code is a definite buyer's market, due to a big 23 months of inventory left and aided by the flat sales.
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Sales in the 95445 zip code market remained level with one home sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with zero price reductions in the same time frame. Pricing in the 95445 zip code remains consistent from last week to this week, with the median sales price at $1,845,000 again. The 95445 zip code is a definite buyer's market, due to a big 23 months of inventory left and aided by the flat sales.
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Over the last 30 days, a new upward trend of new sellers coming into the 95445 zip code market continued, with seven listings in this week's report. Meanwhile, sales have fallen, with one home selling during the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Prices are rising in the 95445 zip code, and the median sales price this period increased from $800,000 to $1,845,000. Along with the slip in sales, a relatively high 23 months of inventory indicates that the 95445 zip code is a strong buyer's market.
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$1.2M  
Sales retained their current pace and came in at two homes sold in the 95445 zip code market over the last 30 days. However, a six-week upward trend for contracts was extended, with one pending transactions in the same time frame. As contracts trended higher, prices have been increasing. The median sales price hit $800,000, extending a four-week long spike. Along with flat sales, a relatively high 12 months of inventory indicates that the 95445 zip code is a strong buyer's market.
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$730K  
There have been two homes sold in the 95445 zip code market over the last 30 days. During the same period, there were 10 new listings posted, the most since June. When comparing other close-by zip codes within the same period, the most came from the 95482 zip code with 29 new listings. Potential buyers should note that prices went up in the 95445 zip code, with the median for this period rising from $555,000 to $800,000. The 95445 zip code is a definite buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.
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$395K  
95445 is a smaller-than-average zip code in California with 2,132 residents. Also, it has seen a 1.3% decrease in population over the last 10 years. Detached homes account for 100% of the area's current housing market. The best school in the zip code is Whale Gulch Elementary School.
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