Is 94702, 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, 94702 has remained a Seller's Market.
Housing Prices in 94702, CA
How much do homes in 94702, CA cost?
Median Sold Price
$1,100,001
$950/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94702 was $1,100,001 in March 2024, down 17.9% from last year, and the median price per square foot was $950.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $638K | $675K | +5.8% |
2 Bedrooms | $1.2M | $1.0M | -20.0% |
3 Bedrooms | $1.4M | $1.2M | -11.0% |
4 Bedrooms | $1.4M | $1.6M | +13.8% |
5+ Bedrooms | $1.6M | $1.4M | -10.1% |
Summary: 94702 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 11%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 10.1%.
Housing Supply in 94702, CA
How many homes are available in 94702, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 30 | +36.4% |
Summary: The 94702 real estate market had 30 homes for sale in March 2024, a 36.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 13 | 17 | +30.8% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 94702 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 94702 in March 2024, up by 33.3% month-over-month. Of the 7 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 94702, CA
How long does it take to sell a home in 94702, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
16 Days | 18 Days | +7.2% |
Summary: Homes in 94702 had an average of 18 days on market in Mar 2024, up by 7.2% compared to last year.
Breakdown of Home Sale Times
7 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, 8 homes were sold in 94702; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.