Is 94595, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94595 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 94595 has remained a Seller's Market.

Key Takeaway

94595 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94595, CA

How much do homes in 94595, CA cost?

Median Sold Price

$656,181

$541/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,514(+1.3%)

Key Takeaway

Homes in 94595 have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in 94595 was $656,181 in October 2024, up 1.3% from last year, and the median price per square foot was $541.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $272.5K$360K
+32.1%
2 $599.6K$595K
-0.8%
3 $1.2M$1.3M
+9.9%
4 $1.6M$1.8M
+8.1%
5+ $2.4M$1.6M
-32.3%

Summary: 94595 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.1%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 32.3%.

Median Sold Price Compared To Nearby Zip Codes

94597
+12.7%
94596
+12.5%
94507
+8.0%
94549
+2.3%
94595
+1.3%

Housing Supply in 94595, CA

How many homes are available in 94595, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
163180+10.4%

Summary: The 94595 real estate market had 180 homes for sale in October 2024, a 10.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1016
+60.0%
2 121125
+3.3%
3 1518
+20.0%
4 1114
+27.3%
5+ 67
+16.7%

Summary: The 94595 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4256+33.3%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94595, you may be able to get a good deal. 37% of homes here sold below asking price last month.

Summary: A total of 56 homes were sold or pending in 94595 in October 2024, up by 33.3% month-over-month. Of the 54 sold homes, 37% were sold under asking, 30% were sold at asking, and 33% were sold over asking.

Days on Market for 94595, CA

How long does it take to sell a home in 94595, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days22 Days+38.0%

Summary: Homes in 94595 had an average of 22 days on market in Oct 2024, up by 38% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94595 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 56 homes were sold in 94595; 77% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in 94595, CA

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