$10,000 Closing Credit*
$889,000
2,012 SqFt
3 Beds
•2 Full Baths, 1 Partial
Faber Real Estate Team, Listing Office: Compass
Is 94517, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 94517 has remained a Seller's Market.
Key Takeaway
94517 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94517, CA
How much do homes in 94517, CA cost?
Median Sold Price
$1,074,950
$488/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$54,950(+5.4%)
Key Takeaway
Homes in 94517 have sold for 5.4% more than they did a month ago.
Summary: The median home sold price in 94517 was $1,074,950 in December 2024, up 5.4% from last month, and the median price per square foot was $488.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $880K | $940K | +6.8% |
| 4 Bedrooms | $1.0M | $1.1M | +7.9% |
| 5+ Bedrooms | - | $1.0M | N/A |
Summary: 94517 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes did not change.
Housing Supply in 94517, CA
How many homes are available in 94517, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 32 | 24 | -25.0% |
Summary: The 94517 real estate market had 24 homes for sale in December 2024, a 25.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 16 | 9 | -43.8% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 94517 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 43.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 6 | -53.8% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94517, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in 94517 in December 2024, down by 53.8% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for 94517, CA
How long does it take to sell a home in 94517, CA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 28 Days | 26 Days | -4.2% |
Summary: Homes in 94517 had an average of 26 days on market in Dec 2024, down by 4.2% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 94517 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 6 homes were sold in 94517; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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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