$10,000 Closing Credit*
$1,079,900
3,208 SqFt
5 Beds
•3 Full Baths
Mario Cordova, Listing Office: Summit Realty
Is 94513, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 94513 has remained a Seller's Market.
Key Takeaway
94513 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94513, CA
How much do homes in 94513, CA cost?
Median Sold Price
$818,473
$368/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,100(+3.4%)
Key Takeaway
Homes in 94513 have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in 94513 was $818,473 in November 2024, up 3.4% from last year, and the median price per square foot was $368.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $681.9K | $683.2K | 0.2% |
| 3 Bedrooms | $702.5K | $710K | +1.1% |
| 4 Bedrooms | $835K | $855K | +2.4% |
| 5+ Bedrooms | $1.0M | $1.0M | +7.3% |
Summary: 94513 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 7.3%.
Housing Supply in 94513, CA
How many homes are available in 94513, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 211 | 199 | -5.7% |
Summary: The 94513 real estate market had 199 homes for sale in November 2024, a 5.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 42 | 41 | -2.4% |
| 3 Bedrooms | 61 | 59 | -3.3% |
| 4 Bedrooms | 74 | 67 | -9.5% |
| 5+ Bedrooms | 34 | 32 | -5.9% |
Summary: The 94513 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 50 | -23.1% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94513, you may be able to get a good deal. 51.1% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in 94513 in November 2024, down by 23.1% month-over-month. Of the 47 sold homes, 51% were sold under asking, 9% were sold at asking, and 40% were sold over asking.
Days on Market for 94513, CA
How long does it take to sell a home in 94513, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 32 Days | +1.1% |
Summary: Homes in 94513 had an average of 32 days on market in Nov 2024, up by 1.1% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 94513 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 50 homes were sold in 94513; 58% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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. 
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