Is 94513, 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, 94513 has remained a Seller's Market.
Key Takeaway
94513 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94513, CA
How much do homes in 94513, CA cost?
Median Sold Price
$799,666
$363/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 94513 have sold for 2% less than they did a year ago.
Summary: The median home sold price in 94513 was $799,666 in April 2024, down 2% from last year, and the median price per square foot was $363.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $685K | $689.7K | +0.7% |
| 3 Bedrooms | $710K | $710K | 0.0% |
| 4 Bedrooms | $850K | $850K | 0.0% |
| 5+ Bedrooms | $1.0M | $1.0M | +4.7% |
Summary: 94513 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 4.7%.
Housing Supply in 94513, CA
How many homes are available in 94513, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 161 | 212 | +31.7% |
Summary: The 94513 real estate market had 212 homes for sale in April 2024, a 31.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 51 | 53 | +3.9% |
| 3 Bedrooms | 31 | 41 | +32.3% |
| 4 Bedrooms | 47 | 78 | +66.0% |
| 5+ Bedrooms | 32 | 40 | +25.0% |
Summary: The 94513 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 32.3%, 4 bedroom homes increased by 66%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 79 | +92.7% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94513, you could pay more than the asking price. 45.7% of homes here sold above asking price last month.
Summary: A total of 79 homes were sold or pending in 94513 in April 2024, up by 92.7% month-over-month. Of the 70 sold homes, 33% were sold under asking, 21% were sold at asking, and 46% were sold over asking.
Days on Market for 94513, CA
How long does it take to sell a home in 94513, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 16 Days | -59.8% |
Summary: Homes in 94513 had an average of 16 days on market in Apr 2024, down by 59.8% compared to last year.
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 94513 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 79 homes were sold in 94513; 80% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
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Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.