Is 94923, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94923 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 94923 has remained a Seller's Market.

Key Takeaway

94923 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94923, CA

How much do homes in 94923, CA cost?

Median Sold Price

$1,460,000

$858/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$50,860(-3.4%)

Key Takeaway

Homes in 94923 have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in 94923 was $1,460,000 in November 2024, down 3.4% from last year, and the median price per square foot was $858.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $1.6M$792.5K
-52.7%
2 $1.2M$1.2M
0.3%
3 $1.8M$1.7M
-6.7%
4 $2.3M$1.9M
-16.1%
5+ $1.0M$3.6M
+265.0%

Summary: 94923 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.7%, 2 bedroom homes increased by 0.3%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes increased by 265%.

Median Sold Price Compared To Nearby Zip Codes

94952
-2.0%
94923
-3.4%
95465
-36.7%

Housing Supply in 94923, CA

How many homes are available in 94923, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2317-26.1%

Summary: The 94923 real estate market had 17 homes for sale in November 2024, a 26.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 107
-30.0%
4 32
-33.3%
5+ 10
-100.0%

Summary: The 94923 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 11.1%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94923, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 94923 in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for 94923, 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 22 Days Ago

Newest Listings in 94923, CA

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