Is 94590, 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, 94590 has remained a Seller's Market.
Housing Prices in 94590, CA
How much do homes in 94590, CA cost?
Median Sold Price
$476,000
$380/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94590 was $476,000 in April 2024, down 3.6% from last year, and the median price per square foot was $380.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $242.5K | $233.5K | -3.7% |
2 Bedrooms | $435K | $450K | +3.4% |
3 Bedrooms | $525K | $500K | -4.8% |
4 Bedrooms | $590K | $580K | -1.7% |
5+ Bedrooms | $623.9K | $575K | -7.8% |
Summary: 94590 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 7.8%.
Housing Supply in 94590, CA
How many homes are available in 94590, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
75 | 95 | +26.7% |
Summary: The 94590 real estate market had 95 homes for sale in April 2024, a 26.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 25 | 27 | +8.0% |
3 Bedrooms | 31 | 39 | +25.8% |
4 Bedrooms | 14 | 20 | +42.9% |
5+ Bedrooms | 1 | 6 | +500.0% |
Summary: The 94590 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 25.8%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 500%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 23 | +21.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 94590 in April 2024, up by 21.1% month-over-month. Of the 23 sold homes, 17% were sold under asking, 26% were sold at asking, and 57% were sold over asking.
Days on Market for 94590, CA
How long does it take to sell a home in 94590, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 31 Days | -30.8% |
Summary: Homes in 94590 had an average of 31 days on market in Apr 2024, down by 30.8% compared to last year.
Breakdown of Home Sale Times
3 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, 23 homes were sold in 94590; 13% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.