Is 94965, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94965 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 94965 has remained a Seller's Market.

Key Takeaway

94965 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94965, CA

How much do homes in 94965, CA cost?

Median Sold Price

$1,389,000

$890/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$211,000(-13.2%)

Key Takeaway

Homes in 94965 have sold for 13.2% less than they did a year ago.

Summary: The median home sold price in 94965 was $1,389,000 in April 2024, down 13.2% from last year, and the median price per square foot was $890.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $676.2K$662K
-2.1%
2 $1.0M$1.0M
-0.4%
3 $2.2M$1.9M
-14.4%
4 $3.4M$2.0M
-41.2%
5+ $3.0M$4.6M
+52.4%

Summary: 94965 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 14.4%, 4 bedroom homes decreased by 41.2%, and 5+ bedroom homes increased by 52.4%.

Median Sold Price Compared To Nearby Zip Codes

94920
+11.9%
94941
-1.8%
94930
-6.5%
94965
-13.2%

Housing Supply in 94965, CA

How many homes are available in 94965, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3240+25.0%

Summary: The 94965 real estate market had 40 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 41
-75.0%
2 1121
+90.9%
3 910
+11.1%
4 55
0.0%
5+ 33
0.0%

Summary: The 94965 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes increased by 90.9%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94965, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 94965 in April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.

Days on Market for 94965, CA

How long does it take to sell a home in 94965, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
18 Days29 Days+56.8%

Summary: Homes in 94965 had an average of 29 days on market in Apr 2024, up by 56.8% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94965 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 11 homes were sold in 94965; 9% 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.

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

Report Updated 1 Day Ago

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