Is 94563, 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, 94563 has remained a Seller's Market.
Housing Prices in 94563, CA
How much do homes in 94563, CA cost?
Median Sold Price
$1,960,000
$817/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94563 was $1,960,000 in April 2024, down 2% 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 | - | $485K | N/A |
2 Bedrooms | $1.2M | $1.2M | +3.3% |
3 Bedrooms | $1.6M | $1.6M | -2.7% |
4 Bedrooms | $2.2M | $2.1M | -3.4% |
5+ Bedrooms | $2.9M | $2.6M | -7.8% |
Summary: 94563 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 7.8%.
Median Sold Price Compared To Nearby Zip Codes
94563 | $2.0M | $1.9M | -2.0% |
94705 | $1.8M | $1.8M | -4.0% |
94708 | $1.7M | $1.6M | -5.6% |
94611 | $1.5M | $1.5M | -6.2% |
94549 | $1.9M | $1.8M | -6.4% |
Housing Supply in 94563, CA
How many homes are available in 94563, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 62 | +17.0% |
Summary: The 94563 real estate market had 62 homes for sale in April 2024, a 17.0% 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 | 1 | 4 | +300.0% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 22 | 25 | +13.6% |
5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The 94563 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 300%, 3 bedroom homes remained the same, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 24 | +41.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 94563 in April 2024, up by 41.2% month-over-month. Of the 24 sold homes, 21% were sold under asking, 8% were sold at asking, and 71% were sold over asking.
Days on Market for 94563, CA
How long does it take to sell a home in 94563, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 16 Days | -33.4% |
Summary: Homes in 94563 had an average of 16 days on market in Apr 2024, down by 33.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in 94563; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.