Is 94544, 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, 94544 has remained a Seller's Market.
Housing Prices in 94544, CA
How much do homes in 94544, CA cost?
Median Sold Price
$850,000
$594/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94544 was $850,000 in March 2024, up 1.6% from last year, and the median price per square foot was $594.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $410.4K | $402.5K | -1.9% |
2 Bedrooms | $625K | $720K | +15.2% |
3 Bedrooms | $850K | $855K | +0.6% |
4 Bedrooms | $1.0M | $975K | -4.7% |
5+ Bedrooms | $1.3M | $1.3M | +0.9% |
Summary: 94544 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 0.9%.
Housing Supply in 94544, CA
How many homes are available in 94544, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 72 | +46.9% |
Summary: The 94544 real estate market had 72 homes for sale in March 2024, a 46.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 6 | 14 | +133.3% |
3 Bedrooms | 29 | 34 | +17.2% |
4 Bedrooms | 8 | 17 | +112.5% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 94544 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 133.3%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 112.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 23 | +35.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 94544 in March 2024, up by 35.3% month-over-month. Of the 21 sold homes, 10% were sold under asking, 5% were sold at asking, and 86% were sold over asking.
Days on Market for 94544, CA
How long does it take to sell a home in 94544, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
21 Days | 11 Days | -45.2% |
Summary: Homes in 94544 had an average of 11 days on market in Mar 2024, down by 45.2% compared to last year.
Breakdown of Home Sale Times
21 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, 23 homes were sold in 94544; 91% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.