Is 94920, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94920 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 94920 has remained a Seller's Market.

Key Takeaway

94920 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94920, CA

How much do homes in 94920, CA cost?

Median Sold Price

$3,135,000

$1,270/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$415,000(-11.7%)

Key Takeaway

Homes in 94920 have sold for 11.7% less than they did a year ago.

Summary: The median home sold price in 94920 was $3,135,000 in October 2024, down 11.7% from last year, and the median price per square foot was $1,270.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $4.3M$802.5K
-81.3%
2 $1.5M$1.4M
-6.5%
3 $2.7M$2.3M
-14.8%
4 $3.9M$3.9M
0.5%
5+ $4.6M$6.2M
+34.9%

Summary: 94920 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 81.3%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 34.9%.

Median Sold Price Compared To Nearby Zip Codes

94925
+9.9%
94941
+3.6%
94920
-11.7%

Housing Supply in 94920, CA

How many homes are available in 94920, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5364+20.8%

Summary: The 94920 real estate market had 64 homes for sale in October 2024, a 20.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 56
+20.0%
3 1218
+50.0%
4 2120
-4.8%
5+ 1519
+26.7%

Summary: The 94920 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 26.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
713+85.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94920, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 94920 in October 2024, up by 85.7% month-over-month. Of the 13 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.

Days on Market for 94920, CA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 16 Days Ago

Newest Listings in 94920, CA

Nearby Markets to 94920, CA