Is 94546, 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, 94546 has remained a Seller's Market.
Housing Prices in 94546, CA
How much do homes in 94546, CA cost?
Median Sold Price
$1,081,366
$658/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94546 was $1,081,366 in March 2024, up 8.1% from last year, and the median price per square foot was $658.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $510K | $427.5K | -16.2% |
2 Bedrooms | $665K | $657.5K | -1.1% |
3 Bedrooms | $1.0M | $1.0M | +3.5% |
4 Bedrooms | $1.3M | $1.3M | +1.0% |
5+ Bedrooms | $1.6M | $1.4M | -10.7% |
Summary: 94546 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.2%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 10.7%.
Housing Supply in 94546, CA
How many homes are available in 94546, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 53 | +32.5% |
Summary: The 94546 real estate market had 53 homes for sale in March 2024, a 32.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 13 | +44.4% |
3 Bedrooms | 18 | 27 | +50.0% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 94546 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 94546 in March 2024, up by 14.3% month-over-month. Of the 16 sold homes, 19% were sold under asking, 6% were sold at asking, and 75% were sold over asking.
Days on Market for 94546, CA
How long does it take to sell a home in 94546, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 21 Days | +8.8% |
Summary: Homes in 94546 had an average of 21 days on market in Mar 2024, up by 8.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in 94546; 88% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.