Is 94599, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94599 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 94599 was a Seller's Market.

Key Takeaway

94599 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 94599, CA

How much do homes in 94599, CA cost?

Median Sold Price

$1,425,000

$843/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$312,500(-18.0%)

Key Takeaway

Homes in 94599 have sold for 18% less than they did a year ago.

Summary: The median home sold price in 94599 was $1,425,000 in March 2024, down 18% from last year, and the median price per square foot was $843.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$1.1M
N/A
2 $992K$868.7K
-12.4%
3 $1.8M$1.7M
-4.3%
4 $2.9M$2.0M
-31.0%
5+ --
N/A

Summary: 94599 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.4%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 31%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

94558
-3.1%
94599
-18.0%

Housing Supply in 94599, CA

How many homes are available in 94599, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1416+14.3%

Summary: The 94599 real estate market had 16 homes for sale in March 2024, a 14.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 55
0.0%
3 68
+33.3%
4 33
0.0%
5+ 00
0.0%

Summary: The 94599 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94599, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 94599 in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 94599, CA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 30 Days Ago

Newest Listings in 94599, CA

Nearby Markets to 94599, CA