Is 94568, 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, 94568 has remained a Seller's Market.
Housing Prices in 94568, CA
How much do homes in 94568, CA cost?
Median Sold Price
$1,254,666
$686/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94568 was $1,254,666 in March 2024, up 0.4% from last year, and the median price per square foot was $686.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $587.5K | $506.4K | -13.8% |
2 Bedrooms | $824K | $805K | -2.3% |
3 Bedrooms | $1.1M | $1.1M | +3.3% |
4 Bedrooms | $1.4M | $1.5M | +5.0% |
5+ Bedrooms | $2.2M | $2.2M | +0.6% |
Summary: 94568 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.8%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Zip Codes
94588 | $1.4M | $1.4M | +0.9% |
94568 | $1.2M | $1.2M | 0.4% |
94552 | $1.5M | $1.5M | -1.1% |
94583 | $1.5M | $1.4M | -4.2% |
94582 | $1.7M | $1.6M | -6.2% |
Housing Supply in 94568, CA
How many homes are available in 94568, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
79 | 94 | +19.0% |
Summary: The 94568 real estate market had 94 homes for sale in March 2024, a 19.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 19 | 14 | -26.3% |
3 Bedrooms | 25 | 31 | +24.0% |
4 Bedrooms | 27 | 34 | +25.9% |
5+ Bedrooms | 4 | 11 | +175.0% |
Summary: The 94568 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 decreased by 26.3%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 175%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 41 | +24.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in 94568 in March 2024, up by 24.2% month-over-month. Of the 38 sold homes, 18% were sold under asking, 16% were sold at asking, and 66% were sold over asking.
Days on Market for 94568, CA
How long does it take to sell a home in 94568, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
18 Days | 9 Days | -46.2% |
Summary: Homes in 94568 had an average of 9 days on market in Mar 2024, down by 46.2% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 41 homes were sold in 94568; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.