Is 94521, 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, 94521 has remained a Seller's Market.
Housing Prices in 94521, CA
How much do homes in 94521, CA cost?
Median Sold Price
$816,666
$498/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94521 was $816,666 in April 2024, down 1.6% from last year, and the median price per square foot was $498.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $312.5K | $320.2K | +2.5% |
2 Bedrooms | $465K | $454.9K | -2.2% |
3 Bedrooms | $808K | $799K | -1.1% |
4 Bedrooms | $934.5K | $942.5K | +0.9% |
5+ Bedrooms | $1.3M | $1.1M | -12.2% |
Summary: 94521 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 12.2%.
Housing Supply in 94521, CA
How many homes are available in 94521, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 107 | +28.9% |
Summary: The 94521 real estate market had 107 homes for sale in April 2024, a 28.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 20 | 21 | +5.0% |
3 Bedrooms | 30 | 35 | +16.7% |
4 Bedrooms | 15 | 35 | +133.3% |
5+ Bedrooms | 15 | 12 | -20.0% |
Summary: The 94521 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 33 | +3.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 94521 in April 2024, up by 3.1% month-over-month. Of the 31 sold homes, 10% were sold under asking, 23% were sold at asking, and 68% were sold over asking.
Days on Market for 94521, CA
How long does it take to sell a home in 94521, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 17 Days | +44.1% |
Summary: Homes in 94521 had an average of 17 days on market in Apr 2024, up by 44.1% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in 94521; 85% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.