Is 94549, 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, 94549 has remained a Seller's Market.
Housing Prices in 94549, CA
How much do homes in 94549, CA cost?
Median Sold Price
$1,825,000
$817/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94549 was $1,825,000 in April 2024, down 6.4% from last year, and the median price per square foot was $817.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $725K | $750K | +3.4% |
2 Bedrooms | $1.1M | $1.1M | -3.1% |
3 Bedrooms | $1.6M | $1.5M | -6.2% |
4 Bedrooms | $2.1M | $2.1M | +1.2% |
5+ Bedrooms | $3.3M | $2.5M | -23.9% |
Summary: 94549 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 23.9%.
Housing Supply in 94549, CA
How many homes are available in 94549, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 85 | +25.0% |
Summary: The 94549 real estate market had 85 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 20 | 22 | +10.0% |
4 Bedrooms | 25 | 36 | +44.0% |
5+ Bedrooms | 15 | 21 | +40.0% |
Summary: The 94549 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 44%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 21 | -12.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 94549 in April 2024, down by 12.5% month-over-month. Of the 18 sold homes, 11% were sold under asking, 17% were sold at asking, and 72% were sold over asking.
Days on Market for 94549, CA
How long does it take to sell a home in 94549, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 9 Days | -58.5% |
Summary: Homes in 94549 had an average of 9 days on market in Apr 2024, down by 58.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in 94549; 86% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.