$4,631 Closing Credit*
$390,000
1,733 SqFt
Tyler Potter, Listing Office: Coldwell Banker Solano Pacific
Is 94590, 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, 94590 has remained a Seller's Market.
Key Takeaway
94590 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94590, CA
How much do homes in 94590, CA cost?
Median Sold Price
$482,500
$357/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+0.5%)
Key Takeaway
Homes in 94590 have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in 94590 was $482,500 in November 2024, up 0.5% from last year, and the median price per square foot was $357.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $231.7K | $235K | +1.4% |
| 2 Bedrooms | $450K | $440K | -2.2% |
| 3 Bedrooms | $500K | $512.5K | +2.5% |
| 4 Bedrooms | $580K | $585K | +0.9% |
| 5+ Bedrooms | $587.5K | $587.5K | 0.0% |
Summary: 94590 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes did not change.
Housing Supply in 94590, CA
How many homes are available in 94590, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 102 | 109 | +6.9% |
Summary: The 94590 real estate market had 109 homes for sale in November 2024, a 6.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 28 | 36 | +28.6% |
| 3 Bedrooms | 51 | 50 | -2.0% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 94590 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 28.6%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 25 | +19.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94590, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in 94590 in November 2024, up by 19.0% month-over-month. Of the 25 sold homes, 28% were sold under asking, 12% were sold at asking, and 60% were sold over asking.
Days on Market for 94590, CA
How long does it take to sell a home in 94590, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 29 Days | +43.5% |
Summary: Homes in 94590 had an average of 29 days on market in Nov 2024, up by 43.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 94590 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in 94590; 32% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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