Is 94901, 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, 94901 has remained a Seller's Market.
Key Takeaway
94901 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94901, CA
How much do homes in 94901, CA cost?
Median Sold Price
$1,450,000
$738/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 94901 have sold for 3.3% less than they did a year ago.
Summary: The median home sold price in 94901 was $1,450,000 in April 2024, down 3.3% from last year, and the median price per square foot was $738.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $440K | $457.5K | +4.0% |
| 2 Bedrooms | $987.5K | $925K | -6.3% |
| 3 Bedrooms | $1.4M | $1.2M | -14.6% |
| 4 Bedrooms | $1.8M | $1.8M | +2.5% |
| 5+ Bedrooms | $2.4M | $2.4M | 0.1% |
Summary: 94901 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 0.1%.
Housing Supply in 94901, CA
How many homes are available in 94901, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 67 | 84 | +25.4% |
Summary: The 94901 real estate market had 84 homes for sale in April 2024, a 25.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 10 | 14 | +40.0% |
| 3 Bedrooms | 34 | 39 | +14.7% |
| 4 Bedrooms | 17 | 20 | +17.6% |
| 5+ Bedrooms | 4 | 9 | +125.0% |
Summary: The 94901 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 125%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 25 | +38.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94901, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in 94901 in April 2024, up by 38.9% month-over-month. Of the 25 sold homes, 16% were sold under asking, 4% were sold at asking, and 80% were sold over asking.
Days on Market for 94901, CA
How long does it take to sell a home in 94901, CA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 94901 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 25 homes were sold in 94901; 4% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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