Is 94596, 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, 94596 has remained a Seller's Market.
Housing Prices in 94596, CA
How much do homes in 94596, CA cost?
Median Sold Price
$1,105,000
$683/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94596 was $1,105,000 in April 2024, up 16.9% from last year, and the median price per square foot was $683.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $345K | $374K | +8.4% |
2 Bedrooms | $590K | $620K | +5.1% |
3 Bedrooms | $1.4M | $1.4M | -2.5% |
4 Bedrooms | $1.6M | $1.7M | +4.7% |
5+ Bedrooms | $2.0M | $1.9M | -2.8% |
Summary: 94596 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 2.8%.
Housing Supply in 94596, CA
How many homes are available in 94596, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 77 | +37.5% |
Summary: The 94596 real estate market had 77 homes for sale in April 2024, a 37.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 22 | +69.2% |
2 Bedrooms | 25 | 26 | +4.0% |
3 Bedrooms | 8 | 14 | +75.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The 94596 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 69.2%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 23 | +109.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 94596 in April 2024, up by 109.1% month-over-month. Of the 19 sold homes, 32% were sold under asking, 11% were sold at asking, and 58% were sold over asking.
Days on Market for 94596, CA
How long does it take to sell a home in 94596, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 29 Days | -16.6% |
Summary: Homes in 94596 had an average of 29 days on market in Apr 2024, down by 16.6% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in 94596; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.