Is 94579, 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, 94579 has remained a Seller's Market.
Housing Prices in 94579, CA
How much do homes in 94579, CA cost?
Median Sold Price
$852,500
$639/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94579 was $852,500 in March 2024, down 1.9% from last year, and the median price per square foot was $639.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $630.5K | $513K | -18.6% |
3 Bedrooms | $854.5K | $850K | -0.5% |
4 Bedrooms | $1.0M | $968K | -6.5% |
5+ Bedrooms | $1.1M | $1.0M | -13.4% |
Summary: 94579 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.6%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Zip Codes
94580 | $830K | $845.5K | +1.9% |
94578 | $772.5K | $784K | +1.5% |
94579 | $869K | $852.5K | -1.9% |
94577 | $850K | $830K | -2.4% |
94545 | $915K | $873.5K | -4.5% |
Housing Supply in 94579, CA
How many homes are available in 94579, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 19 | +58.3% |
Summary: The 94579 real estate market had 19 homes for sale in March 2024, a 58.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 9 | 12 | +33.3% |
4 Bedrooms | 1 | 4 | +300.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 94579 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 94579 in March 2024, the same as the previous month. Of the 6 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.
Days on Market for 94579, CA
How long does it take to sell a home in 94579, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 17 Days | -46.6% |
Summary: Homes in 94579 had an average of 17 days on market in Mar 2024, down by 46.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 94579; 83% 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.