Is 94044, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 94044 has remained a Seller's Market.
Housing Prices in 94044, CA
How much do homes in 94044, CA cost?
Median Sold Price
$1,258,425
$836/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94044 was $1,258,425 in April 2024, down 1.3% from last year, and the median price per square foot was $836.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.2M | $1.1M | -7.5% |
2 Bedrooms | $955K | $795.5K | -16.7% |
3 Bedrooms | $1.2M | $1.2M | -1.6% |
4 Bedrooms | $1.5M | $1.4M | -5.2% |
5+ Bedrooms | $1.6M | $1.6M | -1.2% |
Summary: 94044 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.5%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 1.2%.
Housing Supply in 94044, CA
How many homes are available in 94044, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 64 | +20.8% |
Summary: The 94044 real estate market had 64 homes for sale in April 2024, a 20.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 15 | 15 | 0.0% |
3 Bedrooms | 22 | 25 | +13.6% |
4 Bedrooms | 10 | 16 | +60.0% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The 94044 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 19 | +35.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 94044 in April 2024, up by 35.7% month-over-month. Of the 18 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for 94044, CA
How long does it take to sell a home in 94044, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 35 Days | +91.4% |
Summary: Homes in 94044 had an average of 35 days on market in Apr 2024, up by 91.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in 94044; 79% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.