Is 94520, 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, 94520 has remained a Seller's Market.
Housing Prices in 94520, CA
How much do homes in 94520, CA cost?
Median Sold Price
$642,000
$479/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94520 was $642,000 in March 2024, up 1.9% from last year, and the median price per square foot was $479.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $284.5K | $290K | +1.9% |
2 Bedrooms | $415K | $424K | +2.2% |
3 Bedrooms | $675K | $660K | -2.2% |
4 Bedrooms | $735K | $705K | -4.1% |
5+ Bedrooms | $789.7K | $827.5K | +4.8% |
Summary: 94520 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 4.8%.
Housing Supply in 94520, CA
How many homes are available in 94520, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 54 | +10.2% |
Summary: The 94520 real estate market had 54 homes for sale in March 2024, a 10.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 10 | +11.1% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 22 | 21 | -4.5% |
4 Bedrooms | 7 | 11 | +57.1% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 94520 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 13 | -13.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 94520 in March 2024, down by 13.3% month-over-month. Of the 12 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for 94520, CA
How long does it take to sell a home in 94520, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
36 Days | 14 Days | -60.9% |
Summary: Homes in 94520 had an average of 14 days on market in Mar 2024, down by 60.9% compared to last year.
Breakdown of Home Sale Times
10 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, 13 homes were sold in 94520; 77% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.