Is 94610, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94610 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 94610 was a Seller's Market.

Key Takeaway

94610 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 94610, CA

How much do homes in 94610, CA cost?

Median Sold Price

$1,300,000

$683/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$70,000(+5.7%)

Key Takeaway

Homes in 94610 have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in 94610 was $1,300,000 in November 2024, up 5.7% from last year, and the median price per square foot was $683.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $436.5K$403.5K
-7.6%
2 $729.5K$650K
-10.9%
3 $1.5M$1.4M
-5.2%
4 $1.9M$2.0M
+2.9%
5+ $1.9M$2.2M
+11.4%

Summary: 94610 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes decreased by 10.9%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 11.4%.

Median Sold Price Compared To Nearby Zip Codes

94610
+5.7%
94602
-0.9%
94606
-1.2%
94611
-5.6%

Housing Supply in 94610, CA

How many homes are available in 94610, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9177-15.4%

Summary: The 94610 real estate market had 77 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2426
+8.3%
2 2521
-16.0%
3 2213
-40.9%
4 129
-25.0%
5+ 88
0.0%

Summary: The 94610 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes decreased by 16%, 3 bedroom homes decreased by 40.9%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2413-45.8%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94610, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in 94610 in November 2024, down by 45.8% month-over-month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.

Days on Market for 94610, CA

How long does it take to sell a home in 94610, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days37 Days+22.1%

Summary: Homes in 94610 had an average of 37 days on market in Nov 2024, up by 22.1% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94610 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in 94610; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% 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 23 Days Ago

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