Is 94301, 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, 94301 has remained a Seller's Market.
Housing Prices in 94301, CA
How much do homes in 94301, CA cost?
Median Sold Price
$3,184,000
$1,716/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94301 was $3,184,000 in March 2024, down 12.8% from last year, and the median price per square foot was $1,716.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $970K | $904.2K | -6.8% |
2 Bedrooms | $1.7M | $1.8M | +5.7% |
3 Bedrooms | $3.6M | $3.1M | -13.8% |
4 Bedrooms | $4.2M | $4.8M | +16.1% |
5+ Bedrooms | $5.9M | $5.9M | -1.3% |
Summary: 94301 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.8%, 2 bedroom homes increased by 5.7%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes decreased by 1.3%.
Housing Supply in 94301, CA
How many homes are available in 94301, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 41 | +32.3% |
Summary: The 94301 real estate market had 41 homes for sale in March 2024, a 32.3% 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 | 8 | 10 | +25.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 10 | 17 | +70.0% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 94301 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 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 70%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 11 | +175.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 94301 in March 2024, up by 175.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for 94301, CA
How long does it take to sell a home in 94301, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
18 Days | 14 Days | -18.2% |
Summary: Homes in 94301 had an average of 14 days on market in Mar 2024, down by 18.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in 94301; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.