$2,950,000
0.50 Acres
Land
Philippa Ward, Stefan C Jezycki Stefan C Jezycki, Listing Office: Engel & Volkers
Is 94574, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 94574 was a Seller's Market.
Key Takeaway
94574 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 94574, CA
How much do homes in 94574, CA cost?
Median Sold Price
$1,792,500
$801/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$255,000(+16.6%)
Key Takeaway
Homes in 94574 have sold for 16.6% more than they did a year ago.
Summary: The median home sold price in 94574 was $1,792,500 in October 2024, up 16.6% from last year, and the median price per square foot was $801.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $960.2K | $850K | -11.5% |
| 2 Bedrooms | $789K | $1.0M | +36.2% |
| 3 Bedrooms | $1.6M | $1.7M | +8.6% |
| 4 Bedrooms | $2.0M | $2.1M | +5.6% |
| 5+ Bedrooms | $4.6M | $6.8M | +47.8% |
Summary: 94574 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.5%, 2 bedroom homes increased by 36.2%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 47.8%.
Median Sold Price Compared To Nearby Zip Codes
| 94574 | $1.5M | $1.7M | +16.6% |
| 94558 | $885.6K | $921.8K | +4.1% |
Housing Supply in 94574, CA
How many homes are available in 94574, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 72 | 81 | +12.5% |
Summary: The 94574 real estate market had 81 homes for sale in October 2024, a 12.5% 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 | 16 | 16 | 0.0% |
| 3 Bedrooms | 25 | 29 | +16.0% |
| 4 Bedrooms | 18 | 21 | +16.7% |
| 5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The 94574 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 remained the same, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 12 | +300.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94574, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 94574 in October 2024, up by 300.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 94574, CA
How long does it take to sell a home in 94574, CA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 94574 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 94574; 8% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.