Is 94558, 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, 94558 has remained a Seller's Market.
Key Takeaway
94558 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94558, CA
How much do homes in 94558, CA cost?
Median Sold Price
$884,333
$573/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 94558 have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in 94558 was $884,333 in March 2024, down 3.1% from last year, and the median price per square foot was $573.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $547K | $420K | -23.2% |
| 2 Bedrooms | $650K | $650K | 0.0% |
| 3 Bedrooms | $879.5K | $840.5K | -4.4% |
| 4 Bedrooms | $1.1M | $1.2M | +11.8% |
| 5+ Bedrooms | $1.5M | $2.1M | +38.7% |
Summary: 94558 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.2%, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 38.7%.
Housing Supply in 94558, CA
How many homes are available in 94558, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 147 | 181 | +23.1% |
Summary: The 94558 real estate market had 181 homes for sale in March 2024, a 23.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 20 | 31 | +55.0% |
| 3 Bedrooms | 66 | 75 | +13.6% |
| 4 Bedrooms | 43 | 49 | +14.0% |
| 5+ Bedrooms | 12 | 20 | +66.7% |
Summary: The 94558 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 55%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 37 | +8.8% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94558, you may be able to get a good deal. 56.8% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in 94558 in March 2024, up by 8.8% month-over-month. Of the 37 sold homes, 57% were sold under asking, 19% were sold at asking, and 24% were sold over asking.
Days on Market for 94558, CA
We’re sorry, we don't have information for this market at the moment
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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