Is 94519, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94519 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 94519 has remained a Seller's Market.

Key Takeaway

94519 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94519, CA

How much do homes in 94519, CA cost?

Median Sold Price

$750,000

$520/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$20,000(+2.7%)

Key Takeaway

Homes in 94519 have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in 94519 was $750,000 in April 2024, up 2.7% from last year, and the median price per square foot was $520.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $575K$505K
-12.2%
2 $530K$562.5K
+6.1%
3 $730.5K$750K
+2.7%
4 $810K$775K
-4.3%
5+ $865K$917.5K
+6.1%

Summary: 94519 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.2%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Zip Codes

94518
+5.1%
94520
+3.2%
94519
+2.7%
94565
-1.0%
94521
-1.6%

Housing Supply in 94519, CA

How many homes are available in 94519, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3339+18.2%

Summary: The 94519 real estate market had 39 homes for sale in April 2024, a 18.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 67
+16.7%
3 1725
+47.1%
4 95
-44.4%
5+ 11
0.0%

Summary: The 94519 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 increased by 16.7%, 3 bedroom homes increased by 47.1%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1318+38.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94519, you could pay more than the asking price. 72.2% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in 94519 in April 2024, up by 38.5% month-over-month. Of the 18 sold homes, 11% were sold under asking, 17% were sold at asking, and 72% were sold over asking.

Days on Market for 94519, CA

How long does it take to sell a home in 94519, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
12 Days8 Days-30.0%

Summary: Homes in 94519 had an average of 8 days on market in Apr 2024, down by 30% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94519 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 18 homes were sold in 94519; 78% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in 94519, CA

Nearby Markets to 94519, CA