Is 94086, 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, 94086 has remained a Seller's Market.
Housing Prices in 94086, CA
How much do homes in 94086, CA cost?
Median Sold Price
$1,703,000
$1,102/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94086 was $1,703,000 in March 2024, up 5.8% from last year, and the median price per square foot was $1,102.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $619.9K | $658K | +6.1% |
2 Bedrooms | $1.0M | $1.1M | +8.9% |
3 Bedrooms | $1.6M | $1.8M | +14.3% |
4 Bedrooms | $2.4M | $2.2M | -5.5% |
5+ Bedrooms | $2.5M | $2.9M | +15.1% |
Summary: 94086 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 15.1%.
Housing Supply in 94086, CA
How many homes are available in 94086, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
61 | 64 | +4.9% |
Summary: The 94086 real estate market had 64 homes for sale in March 2024, a 4.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 23 | 24 | +4.3% |
3 Bedrooms | 27 | 27 | 0.0% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 94086 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 27 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 94086 in March 2024, up by 50.0% month-over-month. Of the 27 sold homes, 26% were sold under asking, 0% were sold at asking, and 74% were sold over asking.
Days on Market for 94086, CA
How long does it take to sell a home in 94086, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
18 Days | 22 Days | +17.4% |
Summary: Homes in 94086 had an average of 22 days on market in Mar 2024, up by 17.4% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in 94086; 85% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.