Is 94928, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94928 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 94928 has remained a Seller's Market.

Key Takeaway

94928 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94928, CA

How much do homes in 94928, CA cost?

Median Sold Price

$701,666

$425/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,876(+0.8%)

Key Takeaway

Homes in 94928 have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in 94928 was $701,666 in October 2024, up 0.8% from last year, and the median price per square foot was $425.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $310K$300K
-3.2%
2 $445K$425K
-4.5%
3 $700K$720K
+2.9%
4 $781.5K$780K
-0.2%
5+ $875K$884.9K
+1.1%

Summary: 94928 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 1.1%.

Median Sold Price Compared To Nearby Zip Codes

94951
+10.6%
95407
+5.4%
94928
+0.8%
95404
0.4%
94931
-1.5%

Housing Supply in 94928, CA

How many homes are available in 94928, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8682-4.7%

Summary: The 94928 real estate market had 82 homes for sale in October 2024, a 4.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2426
+8.3%
3 3234
+6.3%
4 2618
-30.8%
5+ 33
0.0%

Summary: The 94928 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2434+41.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94928, expect to pay close to the asking price. 38.2% of homes here sold near the asking price last month.

Summary: A total of 34 homes were sold or pending in 94928 in October 2024, up by 41.7% month-over-month. Of the 34 sold homes, 35% were sold under asking, 38% were sold at asking, and 26% were sold over asking.

Days on Market for 94928, CA

How long does it take to sell a home in 94928, CA?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 94928 has remained consistent over time.

Summary: During October 2024, 34 homes were sold in 94928; 0% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% 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 94928, CA

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