Is 94928, 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, 94928 has remained a Seller's Market.
Key Takeaway
94928 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94928, CA
How much do homes in 94928, CA cost?
Median Sold Price
$700,000
$422/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 94928 have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in 94928 was $700,000 in April 2024, up 1.9% from last year, and the median price per square foot was $422.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $312.5K | $306.2K | -2.0% |
| 2 Bedrooms | $435K | $445K | +2.3% |
| 3 Bedrooms | $678K | $700K | +3.2% |
| 4 Bedrooms | $799K | $781K | -2.3% |
| 5+ Bedrooms | $825K | $885K | +7.3% |
Summary: 94928 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 7.3%.
Housing Supply in 94928, CA
How many homes are available in 94928, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 61 | 70 | +14.8% |
Summary: The 94928 real estate market had 70 homes for sale in April 2024, a 14.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 19 | 22 | +15.8% |
| 3 Bedrooms | 27 | 28 | +3.7% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 94928 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 20 | -9.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94928, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in 94928 in April 2024, down by 9.1% month-over-month. Of the 20 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 94928, CA
We’re sorry, we don't have information for this market at the moment
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