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 December 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

$663,295

$539/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$15,545(+2.4%)

Key Takeaway

Homes in 94595 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 94595 was $663,295 in December 2024, up 2.4% from last year, and the median price per square foot was $539.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $287.5K$360K
+25.2%
2 $595K$590K
-0.8%
3 $1.2M$1.3M
+7.9%
4 $1.7M$1.8M
+4.3%
5+ $2.3M$1.7M
-26.6%

Summary: 94595 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.2%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 26.6%.

Median Sold Price Compared To Nearby Zip Codes

94597
+12.5%
94507
+5.3%
94549
+2.6%
94595
+2.4%
94596
-3.3%

Housing Supply in 94595, CA

How many homes are available in 94595, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
133107-19.5%

Summary: The 94595 real estate market had 107 homes for sale in December 2024, a 19.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 1310
-23.1%
2 9081
-10.0%
3 1912
-36.8%
4 61
-83.3%
5+ 53
-40.0%

Summary: The 94595 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 23.1%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 36.8%, 4 bedroom homes decreased by 83.3%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4236-14.3%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

9 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. 54.5% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in 94595 in December 2024, down by 14.3% month-over-month. Of the 33 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% 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

Dec 2023Dec 2024CHANGE
25 Days44 Days+73.7%

Summary: Homes in 94595 had an average of 44 days on market in Dec 2024, up by 73.7% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

6 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 December 2024, 36 homes were sold in 94595; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% 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 8 Days Ago

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