Is 94565, 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, 94565 has remained a Seller's Market.
Housing Prices in 94565, CA
How much do homes in 94565, CA cost?
Median Sold Price
$595,000
$377/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94565 was $595,000 in March 2024, down 0.8% from last year, and the median price per square foot was $377.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $283.5K | $270K | -4.8% |
2 Bedrooms | $421.5K | $411K | -2.5% |
3 Bedrooms | $550K | $550K | 0.0% |
4 Bedrooms | $650K | $665.2K | +2.3% |
5+ Bedrooms | $850K | $833.7K | -1.9% |
Summary: 94565 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 1.9%.
Housing Supply in 94565, CA
How many homes are available in 94565, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
103 | 110 | +6.8% |
Summary: The 94565 real estate market had 110 homes for sale in March 2024, a 6.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 17 | +41.7% |
3 Bedrooms | 50 | 50 | 0.0% |
4 Bedrooms | 32 | 32 | 0.0% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 94565 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 41.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 40 | +21.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in 94565 in March 2024, up by 21.2% month-over-month. Of the 36 sold homes, 19% were sold under asking, 19% were sold at asking, and 61% were sold over asking.
Days on Market for 94565, CA
How long does it take to sell a home in 94565, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
35 Days | 24 Days | -30.7% |
Summary: Homes in 94565 had an average of 24 days on market in Mar 2024, down by 30.7% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 40 homes were sold in 94565; 78% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.