Is 94556, 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, 94556 has remained a Seller's Market.
Housing Prices in 94556, CA
How much do homes in 94556, CA cost?
Median Sold Price
$1,665,000
$768/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94556 was $1,665,000 in April 2024, up 0.9% from last year, and the median price per square foot was $768.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $410K | $427K | +4.1% |
2 Bedrooms | $755K | $740K | -2.0% |
3 Bedrooms | $1.3M | $1.1M | -14.0% |
4 Bedrooms | $1.8M | $1.9M | +5.4% |
5+ Bedrooms | $2.4M | $2.1M | -12.0% |
Summary: 94556 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes decreased by 2%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 12%.
Housing Supply in 94556, CA
How many homes are available in 94556, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 35 | +25.0% |
Summary: The 94556 real estate market had 35 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 | 2 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 4 | 8 | +100.0% |
4 Bedrooms | 14 | 14 | 0.0% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 94556 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 11 | -8.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 94556 in April 2024, down by 8.3% month-over-month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% were sold over asking.
Days on Market for 94556, CA
How long does it take to sell a home in 94556, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 12 Days | +22.8% |
Summary: Homes in 94556 had an average of 12 days on market in Apr 2024, up by 22.8% compared to last year.
Breakdown of Home Sale Times
9 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, 11 homes were sold in 94556; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.