Is 94571, 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, 94571 has remained a Seller's Market.
Housing Prices in 94571, CA
How much do homes in 94571, CA cost?
Median Sold Price
$462,000
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94571 was $462,000 in April 2024, up 0.5% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $359K | $341K | -5.0% |
2 Bedrooms | $440K | $435K | -1.1% |
3 Bedrooms | $492.9K | $506.9K | +2.8% |
4 Bedrooms | $540K | $565K | +4.6% |
5+ Bedrooms | $720K | - | N/A |
Summary: 94571 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
94511 | $740K | $1.0M | +35.1% |
94571 | $459.5K | $462K | 0.5% |
Housing Supply in 94571, CA
How many homes are available in 94571, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
107 | 107 | 0.0% |
Summary: The 94571 real estate market had 107 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 71 | 69 | -2.8% |
3 Bedrooms | 29 | 30 | +3.4% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 94571 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 decreased by 2.8%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 19 | -9.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 94571 in April 2024, down by 9.5% month-over-month. Of the 19 sold homes, 32% were sold under asking, 42% were sold at asking, and 26% were sold over asking.
Days on Market for 94571, CA
How long does it take to sell a home in 94571, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 25 Days | +161.2% |
Summary: Homes in 94571 had an average of 25 days on market in Apr 2024, up by 161.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in 94571; 16% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.