Is 94621, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 94621 has remained a Seller's Market.
Housing Prices in 94621, CA
How much do homes in 94621, CA cost?
Median Sold Price
$510,000
$456/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94621 was $510,000 in March 2024, down 7.8% from last year, and the median price per square foot was $456.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $386K | $345K | -10.6% |
2 Bedrooms | $520K | $437.5K | -15.9% |
3 Bedrooms | $594K | $549K | -7.6% |
4 Bedrooms | $665K | $608.5K | -8.5% |
5+ Bedrooms | $805K | $693.7K | -13.8% |
Summary: 94621 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.6%, 2 bedroom homes decreased by 15.9%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes decreased by 13.8%.
Housing Supply in 94621, CA
How many homes are available in 94621, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 40 | +29.0% |
Summary: The 94621 real estate market had 40 homes for sale in March 2024, a 29.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 17 | 20 | +17.6% |
3 Bedrooms | 11 | 15 | +36.4% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 94621 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 17.6%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 94621 in March 2024, up by 42.9% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for 94621, CA
How long does it take to sell a home in 94621, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 38 Days | +46.8% |
Summary: Homes in 94621 had an average of 38 days on market in Mar 2024, up by 46.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 94621; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.