Is 94804, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94804 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 94804 has remained a Seller's Market.

Key Takeaway

94804 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94804, CA

How much do homes in 94804, CA cost?

Median Sold Price

$610,000

$545/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$13,333(-2.1%)

Key Takeaway

Homes in 94804 have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in 94804 was $610,000 in October 2024, down 2.1% from last year, and the median price per square foot was $545.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $402.5K$415K
+3.1%
2 $600K$585K
-2.5%
3 $700K$646.5K
-7.6%
4 $650K$657K
+1.1%
5+ $762.5K$730K
-4.3%

Summary: 94804 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 4.3%.

Median Sold Price Compared To Nearby Zip Codes

94530
+2.2%
94806
+1.7%
94801
0.0%
94805
-2.0%
94804
-2.1%

Housing Supply in 94804, CA

How many homes are available in 94804, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9597+2.1%

Summary: The 94804 real estate market had 97 homes for sale in October 2024, a 2.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 68
+33.3%
2 4140
-2.4%
3 3538
+8.6%
4 1110
-9.1%
5+ 21
-50.0%

Summary: The 94804 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2328+21.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94804, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in 94804 in October 2024, up by 21.7% month-over-month. Of the 22 sold homes, 32% were sold under asking, 18% were sold at asking, and 50% were sold over asking.

Days on Market for 94804, CA

How long does it take to sell a home in 94804, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days35 Days+59.8%

Summary: Homes in 94804 had an average of 35 days on market in Oct 2024, up by 59.8% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94804 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 28 homes were sold in 94804; 68% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 17 Days Ago

Newest Listings in 94804, CA

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