$6,044 Closing Credit*
$509,000
1,024 SqFt
2 Beds
•1 Full Bath, 1 Partial
Zachary Cohn, Listing Office: Engel & Volkers
Is 94947, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 94947 has remained a Seller's Market.
Key Takeaway
94947 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94947, CA
How much do homes in 94947, CA cost?
Median Sold Price
$945,000
$568/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$27,000(-2.8%)
Key Takeaway
Homes in 94947 have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in 94947 was $945,000 in October 2024, down 2.8% from last year, and the median price per square foot was $568.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $342K | +5.2% |
| 2 Bedrooms | $526.5K | $540K | +2.6% |
| 3 Bedrooms | $920K | $931.5K | +1.3% |
| 4 Bedrooms | $1.2M | $1.3M | +11.5% |
| 5+ Bedrooms | $1.9M | $1.6M | -13.1% |
Summary: 94947 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 13.1%.
Housing Supply in 94947, CA
How many homes are available in 94947, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 60 | +3.4% |
Summary: The 94947 real estate market had 60 homes for sale in October 2024, a 3.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 29 | 30 | +3.4% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 94947 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 remained the same, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94947, you may be able to get a good deal. 55% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 94947 in October 2024, up by 17.6% month-over-month. Of the 20 sold homes, 55% were sold under asking, 5% were sold at asking, and 40% were sold over asking.
Days on Market for 94947, CA
We’re sorry, we don't have information for this market at the moment
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