$4,995,000
5,335 SqFt
5 Beds
•5 Full Baths, 1 Partial
Amy Smith, Listing Office: Village Associates Real Estate
Is 94563, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 94563 has remained a Seller's Market.
Key Takeaway
94563 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94563, CA
How much do homes in 94563, CA cost?
Median Sold Price
$2,000,000
$804/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$75,000(+3.9%)
Key Takeaway
Homes in 94563 have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in 94563 was $2,000,000 in October 2024, up 3.9% from last year, and the median price per square foot was $804.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $515K | $455K | -11.7% |
| 2 Bedrooms | $1.1M | $1.3M | +18.7% |
| 3 Bedrooms | $1.7M | $1.5M | -7.1% |
| 4 Bedrooms | $2.1M | $2.2M | +4.9% |
| 5+ Bedrooms | $2.6M | $2.5M | -1.2% |
Summary: 94563 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.7%, 2 bedroom homes increased by 18.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Zip Codes
| 94705 | $1.8M | $1.9M | +8.6% |
| 94563 | $1.9M | $2.0M | +3.9% |
| 94549 | $1.8M | $1.8M | +2.3% |
| 94611 | $1.5M | $1.4M | -6.2% |
| 94708 | $1.6M | $1.5M | -7.1% |
Housing Supply in 94563, CA
How many homes are available in 94563, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 70 | +2.9% |
Summary: The 94563 real estate market had 70 homes for sale in October 2024, a 2.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 22 | 21 | -4.5% |
| 5+ Bedrooms | 26 | 26 | 0.0% |
Summary: The 94563 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 100%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94563, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 94563 in October 2024, the same as the previous month. Of the 17 sold homes, 47% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for 94563, CA
How long does it take to sell a home in 94563, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 34 Days | +55.8% |
Summary: Homes in 94563 had an average of 34 days on market in Oct 2024, up by 55.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 94563 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in 94563; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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