Is 94526, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94526 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 94526 has remained a Seller's Market.

Key Takeaway

94526 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94526, CA

How much do homes in 94526, CA cost?

Median Sold Price

$1,750,000

$799/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$57,741(+3.4%)

Key Takeaway

Homes in 94526 have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in 94526 was $1,750,000 in April 2024, up 3.4% from last year, and the median price per square foot was $799.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $940K$755K
-19.7%
3 $1.3M$1.3M
0.1%
4 $2.0M$1.9M
-4.0%
5+ $2.2M$2.2M
-1.9%

Summary: 94526 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 decreased by 19.7%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 1.9%.

Median Sold Price Compared To Nearby Zip Codes

94526
+3.4%
94506
+3.3%
94583
+1.0%
94507
-1.7%

Housing Supply in 94526, CA

How many homes are available in 94526, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
88111+26.1%

Summary: The 94526 real estate market had 111 homes for sale in April 2024, a 26.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1414
0.0%
3 2026
+30.0%
4 3645
+25.0%
5+ 1826
+44.4%

Summary: The 94526 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 remained the same, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 44.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2838+35.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94526, you could pay more than the asking price. 75.7% of homes here sold above asking price last month.

Summary: A total of 38 homes were sold or pending in 94526 in April 2024, up by 35.7% month-over-month. Of the 37 sold homes, 19% were sold under asking, 5% were sold at asking, and 76% were sold over asking.

Days on Market for 94526, CA

How long does it take to sell a home in 94526, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
12 Days11 Days-6.6%

Summary: Homes in 94526 had an average of 11 days on market in Apr 2024, down by 6.6% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94526 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 38 homes were sold in 94526; 92% 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.

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

Report Updated 12 Days Ago

Newest Listings in 94526, CA

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