$10,000 Closing Credit*
$1,584,995
2,764 SqFt
4 Beds
•3 Full Baths
Tenisha Donaville, Listing Office: Toll Brothers Real Estate,Inc
Is 94583, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, 94583 has remained a Seller's Market.
Key Takeaway
94583 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94583, CA
How much do homes in 94583, CA cost?
Median Sold Price
$1,494,857
$781/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$73,190(+5.1%)
Key Takeaway
Homes in 94583 have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in 94583 was $1,494,857 in September 2024, up 5.1% from last year, and the median price per square foot was $781.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $439.9K | $502.5K | +14.2% |
| 2 Bedrooms | $675K | $700K | +3.7% |
| 3 Bedrooms | $1.3M | $1.3M | +2.8% |
| 4 Bedrooms | $1.6M | $1.6M | -0.6% |
| 5+ Bedrooms | $1.8M | $2.3M | +25.4% |
Summary: 94583 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.2%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 25.4%.
Median Sold Price Compared To Nearby Zip Codes
| 94552 | $1.4M | $1.5M | +8.1% |
| 94507 | $2.5M | $2.6M | +5.8% |
| 94583 | $1.4M | $1.4M | +5.1% |
| 94526 | $1.6M | $1.7M | +5.0% |
| 94582 | $1.6M | $1.6M | +1.8% |
Housing Supply in 94583, CA
How many homes are available in 94583, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 85 | 85 | 0.0% |
Summary: The 94583 real estate market had 85 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 15 | 21 | +40.0% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 39 | 33 | -15.4% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 94583 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 29 | 21 | -27.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94583, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 94583 in September 2024, down by 27.6% month-over-month. Of the 21 sold homes, 52% were sold under asking, 5% were sold at asking, and 43% were sold over asking.
Days on Market for 94583, CA
How long does it take to sell a home in 94583, CA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 19 Days | 33 Days | +65.8% |
Summary: Homes in 94583 had an average of 33 days on market in Sep 2024, up by 65.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 94583 are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 21 homes were sold in 94583; 57% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.