Is 94801, 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, 94801 has remained a Seller's Market.
Housing Prices in 94801, CA
How much do homes in 94801, CA cost?
Median Sold Price
$568,500
$467/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94801 was $568,500 in April 2024, down 0.3% from last year, and the median price per square foot was $467.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $426.7K | $400K | -6.3% |
2 Bedrooms | $429K | $485K | +13.1% |
3 Bedrooms | $578K | $574.5K | -0.6% |
4 Bedrooms | $745K | $650K | -12.8% |
5+ Bedrooms | $615K | $692.5K | +12.6% |
Summary: 94801 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 13.1%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes increased by 12.6%.
Housing Supply in 94801, CA
How many homes are available in 94801, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 49 | +32.4% |
Summary: The 94801 real estate market had 49 homes for sale in April 2024, a 32.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 11 | 13 | +18.2% |
3 Bedrooms | 19 | 24 | +26.3% |
4 Bedrooms | 3 | 7 | +133.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 94801 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 94801 in April 2024, up by 11.1% month-over-month. Of the 9 sold homes, 22% were sold under asking, 33% were sold at asking, and 44% were sold over asking.
Days on Market for 94801, CA
How long does it take to sell a home in 94801, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 18 Days | +90.1% |
Summary: Homes in 94801 had an average of 18 days on market in Apr 2024, up by 90.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in 94801; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.