Is 94582, 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, 94582 has remained a Seller's Market.
Housing Prices in 94582, CA
How much do homes in 94582, CA cost?
Median Sold Price
$1,628,000
$743/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94582 was $1,628,000 in April 2024, down 1.3% from last year, and the median price per square foot was $743.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $531K | $534K | +0.6% |
2 Bedrooms | $750K | $799.5K | +6.6% |
3 Bedrooms | $1.3M | $1.3M | +3.6% |
4 Bedrooms | $1.9M | $1.9M | 0.3% |
5+ Bedrooms | $2.3M | $2.5M | +4.2% |
Summary: 94582 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 4.2%.
Housing Supply in 94582, CA
How many homes are available in 94582, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 92 | +46.0% |
Summary: The 94582 real estate market had 92 homes for sale in April 2024, a 46.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 18 | 28 | +55.6% |
4 Bedrooms | 28 | 38 | +35.7% |
5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The 94582 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 55.6%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 44 | +131.6% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in 94582 in April 2024, up by 131.6% month-over-month. Of the 42 sold homes, 33% were sold under asking, 2% were sold at asking, and 64% were sold over asking.
Days on Market for 94582, CA
How long does it take to sell a home in 94582, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 13 Days | +32.8% |
Summary: Homes in 94582 had an average of 13 days on market in Apr 2024, up by 32.8% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 44 homes were sold in 94582; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.