$10,000 Closing Credit*
$969,000
2,044 SqFt
3 Beds
•2 Full Baths, 1 Partial
Lupe Kemper, Listing Office: Windermere Diablo Realty
Is 94553, 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, 94553 has remained a Seller's Market.
Key Takeaway
94553 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94553, CA
How much do homes in 94553, CA cost?
Median Sold Price
$765,000
$501/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+0.7%)
Key Takeaway
Homes in 94553 have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in 94553 was $765,000 in November 2024, up 0.7% from last year, and the median price per square foot was $501.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $362.5K | $367K | +1.2% |
| 2 Bedrooms | $510K | $538.7K | +5.6% |
| 3 Bedrooms | $760K | $750K | -1.3% |
| 4 Bedrooms | $934K | $905K | -3.1% |
| 5+ Bedrooms | $1.1M | $1.1M | -4.1% |
Summary: 94553 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Zip Codes
| 94523 | $980K | $1.0M | +4.6% |
| 94549 | $1.8M | $1.8M | +2.7% |
| 94553 | $760K | $765K | +0.7% |
| 94525 | $680K | $680K | 0.0% |
Housing Supply in 94553, CA
How many homes are available in 94553, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 133 | 121 | -9.0% |
Summary: The 94553 real estate market had 121 homes for sale in November 2024, a 9.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 33 | 31 | -6.1% |
| 3 Bedrooms | 55 | 51 | -7.3% |
| 4 Bedrooms | 34 | 29 | -14.7% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 94553 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 51 | +37.8% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94553, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 51 homes were sold or pending in 94553 in November 2024, up by 37.8% month-over-month. Of the 46 sold homes, 39% were sold under asking, 11% were sold at asking, and 50% were sold over asking.
Days on Market for 94553, CA
How long does it take to sell a home in 94553, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 29 Days | +30.2% |
Summary: Homes in 94553 had an average of 29 days on market in Nov 2024, up by 30.2% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 94553 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 51 homes were sold in 94553; 63% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 4% 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.