Is 94606, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 94606 was a Seller's Market.
Housing Prices in 94606, CA
How much do homes in 94606, CA cost?
Median Sold Price
$692,500
$544/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94606 was $692,500 in March 2024, down 12.2% from last year, and the median price per square foot was $544.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $569.4K | $473K | -16.9% |
2 Bedrooms | $650K | $640K | -1.5% |
3 Bedrooms | $844K | $725K | -14.1% |
4 Bedrooms | $980K | $1.1M | +18.9% |
5+ Bedrooms | $760K | $820.2K | +7.9% |
Summary: 94606 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.9%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes increased by 7.9%.
Housing Supply in 94606, CA
How many homes are available in 94606, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 35 | +40.0% |
Summary: The 94606 real estate market had 35 homes for sale in March 2024, a 40.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 8 | 14 | +75.0% |
3 Bedrooms | 7 | 11 | +57.1% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 94606 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 increased by 75%, 3 bedroom homes increased by 57.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 94606 in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for 94606, CA
How long does it take to sell a home in 94606, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 13 Days | -71.8% |
Summary: Homes in 94606 had an average of 13 days on market in Mar 2024, down by 71.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in 94606; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.