Is 94066, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 94066 has remained a Seller's Market.
Housing Prices in 94066, CA
How much do homes in 94066, CA cost?
Median Sold Price
$1,250,000
$876/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94066 was $1,250,000 in March 2024, down 3.8% from last year, and the median price per square foot was $876.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $527.8K | $515K | -2.4% |
2 Bedrooms | $980.8K | $877.5K | -10.5% |
3 Bedrooms | $1.4M | $1.3M | -3.0% |
4 Bedrooms | $1.6M | $1.5M | -1.3% |
5+ Bedrooms | $1.6M | $1.5M | -1.2% |
Summary: 94066 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 1.2%.
Housing Supply in 94066, CA
How many homes are available in 94066, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 48 | +9.1% |
Summary: The 94066 real estate market had 48 homes for sale in March 2024, a 9.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 13 | +44.4% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 16 | 19 | +18.8% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 94066 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 44.4%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 17 | +54.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 94066 in March 2024, up by 54.5% month-over-month. Of the 16 sold homes, 19% were sold under asking, 6% were sold at asking, and 75% were sold over asking.
Days on Market for 94066, CA
How long does it take to sell a home in 94066, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 45 Days | +75.1% |
Summary: Homes in 94066 had an average of 45 days on market in Mar 2024, up by 75.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 94066; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.