Is 94610, 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, 94610 has remained a Seller's Market.
Housing Prices in 94610, CA
How much do homes in 94610, CA cost?
Median Sold Price
$1,262,500
$701/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94610 was $1,262,500 in April 2024, down 7.8% from last year, and the median price per square foot was $701.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $470K | $439K | -6.6% |
2 Bedrooms | $722K | $690K | -4.4% |
3 Bedrooms | $1.7M | $1.5M | -12.5% |
4 Bedrooms | $2.0M | $1.9M | -4.0% |
5+ Bedrooms | $2.5M | $1.8M | -25.0% |
Summary: 94610 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.6%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 25%.
Housing Supply in 94610, CA
How many homes are available in 94610, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 75 | +15.4% |
Summary: The 94610 real estate market had 75 homes for sale in April 2024, a 15.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 19 | 24 | +26.3% |
2 Bedrooms | 17 | 17 | 0.0% |
3 Bedrooms | 14 | 17 | +21.4% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 94610 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 26.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 94610 in April 2024, up by 18.8% month-over-month. Of the 19 sold homes, 21% were sold under asking, 11% were sold at asking, and 68% were sold over asking.
Days on Market for 94610, CA
How long does it take to sell a home in 94610, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 22 Days | -8.8% |
Summary: Homes in 94610 had an average of 22 days on market in Apr 2024, down by 8.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in 94610; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.