$4,691 Closing Credit*
$395,000
1,451 SqFt
2 Beds
•2 Full Baths
Kevin Methvin, Listing Office: Prosper Real Estate
Is 94571, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 94571 was a Seller's Market.
Key Takeaway
94571 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 94571, CA
How much do homes in 94571, CA cost?
Median Sold Price
$471,000
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,100(+2.6%)
Key Takeaway
Homes in 94571 have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in 94571 was $471,000 in November 2024, up 2.6% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $337.5K | - | N/A |
| 2 Bedrooms | $429.4K | $437.4K | +1.9% |
| 3 Bedrooms | $490K | $525.9K | +7.3% |
| 4 Bedrooms | $560K | $565K | +0.9% |
| 5+ Bedrooms | - | $569.5K | N/A |
Summary: 94571 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes did not change.
Housing Supply in 94571, CA
How many homes are available in 94571, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 124 | 121 | -2.4% |
Summary: The 94571 real estate market had 121 homes for sale in November 2024, a 2.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 85 | 82 | -3.5% |
| 3 Bedrooms | 32 | 29 | -9.4% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 94571 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 decreased by 3.5%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 14 | -36.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94571, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in 94571 in November 2024, down by 36.4% month-over-month. Of the 14 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% were sold over asking.
Days on Market for 94571, CA
How long does it take to sell a home in 94571, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 57 Days | +5.8% |
Summary: Homes in 94571 had an average of 57 days on market in Nov 2024, up by 5.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 94571 has remained consistent over time.
Summary: During November 2024, 14 homes were sold in 94571; 7% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved. 
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.