Is 94920, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94920 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 94920 has remained a Seller's Market.

Key Takeaway

94920 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94920, CA

How much do homes in 94920, CA cost?

Median Sold Price

$3,525,000

$1,214/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$375,000(+11.9%)

Key Takeaway

Homes in 94920 have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in 94920 was $3,525,000 in April 2024, up 11.9% from last year, and the median price per square foot was $1,214.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $960K$877.5K
-8.6%
2 $1.3M$1.4M
+2.7%
3 $2.6M$2.2M
-15.8%
4 $3.6M$3.9M
+8.8%
5+ $4.9M$5.2M
+5.5%

Summary: 94920 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 5.5%.

Median Sold Price Compared To Nearby Zip Codes

94920
+11.9%
94925
0%
94941
-1.8%

Housing Supply in 94920, CA

How many homes are available in 94920, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4557+26.7%

Summary: The 94920 real estate market had 57 homes for sale in April 2024, a 26.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 69
+50.0%
3 1219
+58.3%
4 1515
0.0%
5+ 1113
+18.2%

Summary: The 94920 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 50%, 3 bedroom homes increased by 58.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
711+57.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94920, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 94920 in April 2024, up by 57.1% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.

Days on Market for 94920, CA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in 94920, CA

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