Is 94706, 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, 94706 has remained a Seller's Market.
Housing Prices in 94706, CA
How much do homes in 94706, CA cost?
Median Sold Price
$1,080,000
$902/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94706 was $1,080,000 in March 2024, down 10.9% from last year, and the median price per square foot was $902.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $430K | $457.5K | +6.4% |
2 Bedrooms | $1.0M | $841K | -16.7% |
3 Bedrooms | $1.4M | $1.3M | -12.4% |
4 Bedrooms | $1.6M | $1.9M | +16.8% |
5+ Bedrooms | $1.6M | $2.0M | +22.3% |
Summary: 94706 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 12.4%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 22.3%.
Median Sold Price Compared To Nearby Zip Codes
94710 | $1.1M | $1.2M | +10.9% |
94707 | $1.6M | $1.7M | +5.0% |
94530 | $1.2M | $1.1M | -8.0% |
94706 | $1.2M | $1.0M | -10.9% |
94702 | $1.3M | $1.1M | -17.9% |
Housing Supply in 94706, CA
How many homes are available in 94706, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 26 | +18.2% |
Summary: The 94706 real estate market had 26 homes for sale in March 2024, a 18.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 4 | -33.3% |
2 Bedrooms | 9 | 15 | +66.7% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 94706 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, 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
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 94706 in March 2024, up by 33.3% month-over-month. Of the 7 sold homes, 14% were sold under asking, 0% were sold at asking, and 86% were sold over asking.
Days on Market for 94706, CA
How long does it take to sell a home in 94706, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
10 Days | 45 Days | +340.6% |
Summary: Homes in 94706 had an average of 45 days on market in Mar 2024, up by 340.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 94706; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.