Is 94510, 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, 94510 has remained a Seller's Market.
Key Takeaway
94510 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94510, CA
How much do homes in 94510, CA cost?
Median Sold Price
$765,000
$461/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 94510 have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in 94510 was $765,000 in April 2024, down 1.8% from last year, and the median price per square foot was $461.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $355K | $362.5K | +2.1% |
| 2 Bedrooms | $554K | $575K | +3.8% |
| 3 Bedrooms | $726.2K | $780K | +7.4% |
| 4 Bedrooms | $899K | $910K | +1.2% |
| 5+ Bedrooms | $1.1M | $1.2M | +3.9% |
Summary: 94510 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 3.9%.
Housing Supply in 94510, CA
How many homes are available in 94510, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 57 | 58 | +1.8% |
Summary: The 94510 real estate market had 58 homes for sale in April 2024, a 1.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 21 | 15 | -28.6% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 12 | 17 | +41.7% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 94510 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 19 | -34.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94510, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in 94510 in April 2024, down by 34.5% month-over-month. Of the 19 sold homes, 32% were sold under asking, 21% were sold at asking, and 47% were sold over asking.
Days on Market for 94510, CA
How long does it take to sell a home in 94510, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 8 Days | -48.0% |
Summary: Homes in 94510 had an average of 8 days on market in Apr 2024, down by 48% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 94510 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in 94510; 16% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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