Is 94539, 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, 94539 has remained a Seller's Market.
Housing Prices in 94539, CA
How much do homes in 94539, CA cost?
Median Sold Price
$1,757,500
$897/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94539 was $1,757,500 in March 2024, down 1.9% from last year, and the median price per square foot was $897.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $496.5K | $494K | -0.5% |
2 Bedrooms | $902.5K | $798.8K | -11.5% |
3 Bedrooms | $1.4M | $1.5M | 0.5% |
4 Bedrooms | $2.2M | $2.3M | +3.6% |
5+ Bedrooms | $2.8M | $3.1M | +11.6% |
Summary: 94539 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes decreased by 11.5%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 11.6%.
Housing Supply in 94539, CA
How many homes are available in 94539, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
73 | 79 | +8.2% |
Summary: The 94539 real estate market had 79 homes for sale in March 2024, a 8.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 10 | 14 | +40.0% |
3 Bedrooms | 26 | 25 | -3.8% |
4 Bedrooms | 25 | 30 | +20.0% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 94539 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 32 | +14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in 94539 in March 2024, up by 14.3% month-over-month. Of the 30 sold homes, 13% were sold under asking, 7% were sold at asking, and 80% were sold over asking.
Days on Market for 94539, CA
How long does it take to sell a home in 94539, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 10 Days | -76.9% |
Summary: Homes in 94539 had an average of 10 days on market in Mar 2024, down by 76.9% compared to last year.
Breakdown of Home Sale Times
31 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, 32 homes were sold in 94539; 97% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.