Is 94595, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94595 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 94595 has remained a Seller's Market.

Key Takeaway

94595 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94595, CA

How much do homes in 94595, CA cost?

Median Sold Price

$652,291

$543/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$18,458(-2.8%)

Key Takeaway

Homes in 94595 have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in 94595 was $652,291 in April 2024, down 2.8% from last year, and the median price per square foot was $543.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $272.5K$340K
+24.8%
2 $603.9K$602K
-0.3%
3 $1.1M$1.3M
+8.4%
4 $1.7M$1.8M
+8.2%
5+ $2.3M$2.6M
+13.9%

Summary: 94595 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.8%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 13.9%.

Median Sold Price Compared To Nearby Zip Codes

94596
+16.9%
94597
+10.7%
94507
-1.7%
94595
-2.8%
94549
-6.4%

Housing Supply in 94595, CA

How many homes are available in 94595, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
151174+15.2%

Summary: The 94595 real estate market had 174 homes for sale in April 2024, a 15.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1421
+50.0%
2 124123
-0.8%
3 719
+171.4%
4 47
+75.0%
5+ 24
+100.0%

Summary: The 94595 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 171.4%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4147+14.6%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94595, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.

Summary: A total of 47 homes were sold or pending in 94595 in April 2024, up by 14.6% month-over-month. Of the 46 sold homes, 46% were sold under asking, 15% were sold at asking, and 39% were sold over asking.

Days on Market for 94595, CA

How long does it take to sell a home in 94595, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
32 Days24 Days-24.8%

Summary: Homes in 94595 had an average of 24 days on market in Apr 2024, down by 24.8% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94595 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 47 homes were sold in 94595; 70% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in 94595, CA

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