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 November 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

$700,000

$425/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 94928 has remained the same since last year.

Summary: The median home sold price in 94928 was $700,000 in November 2024, the same as last year, and the median price per square foot was $425.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $310K$300K
-3.2%
2 $445K$425K
-4.5%
3 $700K$720K
+2.9%
4 $776.5K$780K
0.5%
5+ $875K$890K
+1.7%

Summary: 94928 housing prices by bedroom type for November 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 increased by 0.5%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Zip Codes

95407
+5.7%
94928
0.0%
95404
-2.5%

Housing Supply in 94928, CA

How many homes are available in 94928, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8265-20.7%

Summary: The 94928 real estate market had 65 homes for sale in November 2024, a 20.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2621
-19.2%
3 3522
-37.1%
4 1821
+16.7%
5+ 31
-66.7%

Summary: The 94928 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 19.2%, 3 bedroom homes decreased by 37.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3417-50.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94928, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 94928 in November 2024, down by 50.0% month-over-month. Of the 17 sold homes, 35% were sold under asking, 18% were sold at asking, and 47% were sold over asking.

Days on Market for 94928, 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 18 Days Ago

Newest Listings in 94928, CA

Nearby Markets to 94928, CA