Is 94070, 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, 94070 has remained a Seller's Market.
Housing Prices in 94070, CA
How much do homes in 94070, CA cost?
Median Sold Price
$2,091,666
$1,156/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94070 was $2,091,666 in April 2024, down 0.4% from last year, and the median price per square foot was $1,156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $839.4K | $862.5K | +2.7% |
2 Bedrooms | $1.4M | $1.4M | -2.5% |
3 Bedrooms | $2.1M | $2.0M | -1.2% |
4 Bedrooms | $2.7M | $2.7M | -1.8% |
5+ Bedrooms | $3.6M | $3.5M | -2.1% |
Summary: 94070 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 2.1%.
Housing Supply in 94070, CA
How many homes are available in 94070, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 68 | +4.6% |
Summary: The 94070 real estate market had 68 homes for sale in April 2024, a 4.6% 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 | 18 | 14 | -22.2% |
3 Bedrooms | 24 | 29 | +20.8% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 94070 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 decreased by 22.2%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 25 | -7.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 94070 in April 2024, down by 7.4% month-over-month. Of the 25 sold homes, 16% were sold under asking, 12% were sold at asking, and 72% were sold over asking.
Days on Market for 94070, CA
How long does it take to sell a home in 94070, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 11 Days | -18.4% |
Summary: Homes in 94070 had an average of 11 days on market in Apr 2024, down by 18.4% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in 94070; 92% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.