Is 94954, 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, 94954 has remained a Seller's Market.
Key Takeaway
94954 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94954, CA
How much do homes in 94954, CA cost?
Median Sold Price
$860,000
$512/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 94954 have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in 94954 was $860,000 in April 2024, up 2.4% from last year, and the median price per square foot was $512.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $624.5K | +56.1% |
| 2 Bedrooms | $625.1K | $650K | +4.0% |
| 3 Bedrooms | $789K | $823.5K | +4.4% |
| 4 Bedrooms | $890K | $925K | +3.9% |
| 5+ Bedrooms | $1.1M | $1.1M | +5.8% |
Summary: 94954 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.1%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 5.8%.
Housing Supply in 94954, CA
How many homes are available in 94954, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 52 | 52 | 0.0% |
Summary: The 94954 real estate market had 52 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 25 | 25 | 0.0% |
| 4 Bedrooms | 23 | 21 | -8.7% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 94954 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94954, you could pay more than the asking price. 64.7% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in 94954 in April 2024, down by 15.0% month-over-month. Of the 17 sold homes, 24% were sold under asking, 12% were sold at asking, and 65% were sold over asking.
Days on Market for 94954, CA
We’re sorry, we don't have information for this market at the moment
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.