$10,000 Closing Credit*
$1,695,000
2,754 SqFt
6 Beds
•3 Full Baths
Carolyn Svenson, John Zeiter Jr John Zeiter Jr, Listing Office: Golden Gate Sotheby's International Realty
Is 94901, 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, 94901 has remained a Seller's Market.
Key Takeaway
94901 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94901, CA
How much do homes in 94901, CA cost?
Median Sold Price
$1,421,666
$730/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,666(+1.5%)
Key Takeaway
Homes in 94901 have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in 94901 was $1,421,666 in November 2024, up 1.5% from last year, and the median price per square foot was $730.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $440K | $475K | +8.0% |
| 2 Bedrooms | $976K | $872.5K | -10.6% |
| 3 Bedrooms | $1.2M | $1.2M | -0.4% |
| 4 Bedrooms | $1.7M | $1.7M | +3.0% |
| 5+ Bedrooms | $2.3M | $3.0M | +30.4% |
Summary: 94901 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes decreased by 10.6%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 30.4%.
Housing Supply in 94901, CA
How many homes are available in 94901, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 92 | 68 | -26.1% |
Summary: The 94901 real estate market had 68 homes for sale in November 2024, a 26.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 20 | 15 | -25.0% |
| 3 Bedrooms | 38 | 25 | -34.2% |
| 4 Bedrooms | 23 | 17 | -26.1% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 94901 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 34.2%, 4 bedroom homes decreased by 26.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 14 | -51.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94901, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in 94901 in November 2024, down by 51.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 43% were sold at asking, and 21% were sold over asking.
Days on Market for 94901, CA
How long does it take to sell a home in 94901, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 175 Days | +386.1% |
Summary: Homes in 94901 had an average of 175 days on market in Nov 2024, up by 386.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 94901 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 14 homes were sold in 94901; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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