$540,000
1.05 Acres
Land
#324087242, Michael Costello, Listing Office: Costello Realty
Is 94574, 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, 94574 was a Seller's Market.
Key Takeaway
94574 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 94574, CA
How much do homes in 94574, CA cost?
Median Sold Price
$1,821,000
$831/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$421,000(+30.1%)
Key Takeaway
Homes in 94574 have sold for 30.1% more than they did a year ago.
Summary: The median home sold price in 94574 was $1,821,000 in November 2024, up 30.1% from last year, and the median price per square foot was $831.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $960.2K | $850K | -11.5% |
| 2 Bedrooms | $760K | $1.1M | +51.3% |
| 3 Bedrooms | $1.5M | $1.7M | +17.7% |
| 4 Bedrooms | $2.0M | $2.3M | +15.4% |
| 5+ Bedrooms | $4.3M | $6.8M | +58.1% |
Summary: 94574 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.5%, 2 bedroom homes increased by 51.3%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 58.1%.
Median Sold Price Compared To Nearby Zip Codes
| 94574 | $1.4M | $1.8M | +30.1% |
| 94558 | $887.4K | $925.4K | +4.3% |
Housing Supply in 94574, CA
How many homes are available in 94574, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 72 | -6.5% |
Summary: The 94574 real estate market had 72 homes for sale in November 2024, a 6.5% 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 | 13 | 14 | +7.7% |
| 3 Bedrooms | 29 | 27 | -6.9% |
| 4 Bedrooms | 20 | 18 | -10.0% |
| 5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The 94574 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 7.7%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 6 | -53.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 94574, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 94574 in November 2024, down by 53.8% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for 94574, CA
We’re sorry, we don't have information for this market at the moment
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