Is 94585, 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, 94585 has remained a Seller's Market.
Housing Prices in 94585, CA
How much do homes in 94585, CA cost?
Median Sold Price
$549,000
$335/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94585 was $549,000 in April 2024, up 1.7% from last year, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $355K | N/A |
2 Bedrooms | $485K | $495K | +2.1% |
3 Bedrooms | $525K | $525K | 0.0% |
4 Bedrooms | $574K | $575K | 0.2% |
5+ Bedrooms | $745K | $660K | -11.4% |
Summary: 94585 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 11.4%.
Housing Supply in 94585, CA
How many homes are available in 94585, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 47 | +9.3% |
Summary: The 94585 real estate market had 47 homes for sale in April 2024, a 9.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 23 | 28 | +21.7% |
4 Bedrooms | 18 | 17 | -5.6% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 94585 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 21.7%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 94585 in April 2024, down by 7.7% month-over-month. Of the 12 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 94585, CA
How long does it take to sell a home in 94585, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 6 Days | 0.0% |
Summary: Homes in 94585 had an average of 6 days on market in Apr 2024, the same as last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in 94585; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.