Is 94515, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94515 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 94515 has remained a Buyer's Market.

Key Takeaway

94515 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 94515, CA

How much do homes in 94515, CA cost?

Median Sold Price

$1,115,000

$683/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$165,000(+17.4%)

Key Takeaway

Homes in 94515 have sold for 17.4% more than they did a year ago.

Summary: The median home sold price in 94515 was $1,115,000 in October 2024, up 17.4% from last year, and the median price per square foot was $683.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $867.5K$635K
-26.8%
2 $850K$812.5K
-4.4%
3 $1.1M$1.1M
+0.7%
4 $850K$1.4M
+75.0%
5+ $6.4M$3.5M
-45.5%

Summary: 94515 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.8%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 75%, and 5+ bedroom homes decreased by 45.5%.

Median Sold Price Compared To Nearby Zip Codes

94515
+17.4%
94574
+16.6%
95461
-6.8%

Housing Supply in 94515, CA

How many homes are available in 94515, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4750+6.4%

Summary: The 94515 real estate market had 50 homes for sale in October 2024, a 6.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 910
+11.1%
3 2121
0.0%
4 78
+14.3%
5+ 910
+11.1%

Summary: The 94515 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94515, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 94515 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 94515, CA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 21 Days Ago

Newest Listings in 94515, CA

Nearby Markets to 94515, CA