$10,000 Closing Credit*
$875,000
Julie McCoy, Listing Office: RE/MAX Accord
Is 94521, 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, 94521 has remained a Seller's Market.
Key Takeaway
94521 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94521, CA
How much do homes in 94521, CA cost?
Median Sold Price
$805,000
$491/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-0.6%)
Key Takeaway
Homes in 94521 have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in 94521 was $805,000 in November 2024, down 0.6% from last year, and the median price per square foot was $491.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $318.5K | +11.8% |
| 2 Bedrooms | $462.5K | $439K | -5.1% |
| 3 Bedrooms | $775K | $790K | +1.9% |
| 4 Bedrooms | $925K | $967.5K | +4.6% |
| 5+ Bedrooms | $1.1M | $1.2M | +3.0% |
Summary: 94521 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.8%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 3%.
Housing Supply in 94521, CA
How many homes are available in 94521, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 104 | 84 | -19.2% |
Summary: The 94521 real estate market had 84 homes for sale in November 2024, a 19.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 29 | 31 | +6.9% |
| 3 Bedrooms | 31 | 20 | -35.5% |
| 4 Bedrooms | 30 | 22 | -26.7% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The 94521 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 increased by 6.9%, 3 bedroom homes decreased by 35.5%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 22 | -47.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94521, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 94521 in November 2024, down by 47.6% month-over-month. Of the 21 sold homes, 62% were sold under asking, 5% were sold at asking, and 33% were sold over asking.
Days on Market for 94521, CA
How long does it take to sell a home in 94521, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 23 Days | +6.4% |
Summary: Homes in 94521 had an average of 23 days on market in Nov 2024, up by 6.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 94521 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 22 homes were sold in 94521; 68% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. 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. Properties may or may not be listed by the office/agent presenting the information.