$9,500 Closing Credit*
$799,999
3,230 SqFt
4 Beds
•3 Full Baths, 1 Partial
Hazel D Emlen, Listing Office: Arlowe Homes
Is 94591, 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, 94591 has remained a Seller's Market.
Key Takeaway
94591 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94591, CA
How much do homes in 94591, CA cost?
Median Sold Price
$574,750
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$19,250(-3.2%)
Key Takeaway
Homes in 94591 have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in 94591 was $574,750 in November 2024, down 3.2% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $312.5K | +13.6% |
| 2 Bedrooms | $446.5K | $445K | -0.3% |
| 3 Bedrooms | $540K | $545.5K | +1.0% |
| 4 Bedrooms | $700K | $699K | -0.1% |
| 5+ Bedrooms | $750K | $745K | -0.7% |
Summary: 94591 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in 94591, CA
How many homes are available in 94591, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 148 | 134 | -9.5% |
Summary: The 94591 real estate market had 134 homes for sale in November 2024, a 9.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 21 | 25 | +19.0% |
| 3 Bedrooms | 67 | 62 | -7.5% |
| 4 Bedrooms | 44 | 34 | -22.7% |
| 5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The 94591 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 19%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 31 | -18.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94591, you could pay more than the asking price. 48.1% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in 94591 in November 2024, down by 18.4% month-over-month. Of the 27 sold homes, 22% were sold under asking, 30% were sold at asking, and 48% were sold over asking.
Days on Market for 94591, CA
How long does it take to sell a home in 94591, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 29 Days | +33.6% |
Summary: Homes in 94591 had an average of 29 days on market in Nov 2024, up by 33.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 94591 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 31 homes were sold in 94591; 29% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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