Is 94547, 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, 94547 has remained a Seller's Market.
Housing Prices in 94547, CA
How much do homes in 94547, CA cost?
Median Sold Price
$771,750
$448/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94547 was $771,750 in April 2024, down 7% from last year, and the median price per square foot was $448.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $360K | $362K | +0.6% |
2 Bedrooms | $499K | $499.5K | 0.1% |
3 Bedrooms | $751K | $756.5K | +0.7% |
4 Bedrooms | $940K | $905K | -3.7% |
5+ Bedrooms | $957.5K | $1.0M | +13.7% |
Summary: 94547 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 13.7%.
Housing Supply in 94547, CA
How many homes are available in 94547, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 47 | +27.0% |
Summary: The 94547 real estate market had 47 homes for sale in April 2024, a 27.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 16 | +33.3% |
3 Bedrooms | 14 | 15 | +7.1% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 94547 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 increased by 33.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 94547 in April 2024, down by 11.8% month-over-month. Of the 14 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.
Days on Market for 94547, CA
How long does it take to sell a home in 94547, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 17 Days | -48.4% |
Summary: Homes in 94547 had an average of 17 days on market in Apr 2024, down by 48.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in 94547; 67% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.