Is 94306, 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, 94306 has remained a Seller's Market.
Housing Prices in 94306, CA
How much do homes in 94306, CA cost?
Median Sold Price
$2,560,000
$1,551/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94306 was $2,560,000 in April 2024, down 11.6% from last year, and the median price per square foot was $1,551.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $935.2K | $900K | -3.8% |
2 Bedrooms | $1.5M | $1.6M | +6.7% |
3 Bedrooms | $2.6M | $2.5M | -3.2% |
4 Bedrooms | $3.3M | $3.1M | -5.4% |
5+ Bedrooms | $5.1M | $3.8M | -26.0% |
Summary: 94306 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 26%.
Housing Supply in 94306, CA
How many homes are available in 94306, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 50 | +35.1% |
Summary: The 94306 real estate market had 50 homes for sale in April 2024, a 35.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 13 | 16 | +23.1% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 4 | 9 | +125.0% |
Summary: The 94306 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 125%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 22 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 94306 in April 2024, up by 100.0% month-over-month. Of the 20 sold homes, 25% were sold under asking, 5% were sold at asking, and 70% were sold over asking.
Days on Market for 94306, CA
How long does it take to sell a home in 94306, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 14 Days | -34.8% |
Summary: Homes in 94306 had an average of 14 days on market in Apr 2024, down by 34.8% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 94306; 91% 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.