$10,000 Closing Credit*
$1,225,000
2,298 SqFt
3 Beds
•2 Full Baths, 1 Partial
Sallyann Clarke, Christian Clarke Christian Clarke, Listing Office: Compass
Is 94947, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$935,000
$567/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$15,000(-1.6%)
Key Takeaway
Homes in 94947 have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in 94947 was $935,000 in November 2024, down 1.6% from last year, and the median price per square foot was $567.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $329K | +1.2% |
| 2 Bedrooms | $512.5K | $537.5K | +4.9% |
| 3 Bedrooms | $916.5K | $930K | +1.5% |
| 4 Bedrooms | $1.2M | $1.3M | +9.1% |
| 5+ Bedrooms | $1.8M | $1.7M | -5.3% |
Summary: 94947 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 5.3%.
Housing Supply in 94947, CA
How many homes are available in 94947, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 51 | -16.4% |
Summary: The 94947 real estate market had 51 homes for sale in November 2024, a 16.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 30 | 22 | -26.7% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The 94947 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 7.1%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94947, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 94947 in November 2024, down by 10.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for 94947, CA
How long does it take to sell a home in 94947, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 30 Days | +328.6% |
Summary: Homes in 94947 had an average of 30 days on market in Nov 2024, up by 328.6% compared to last year.
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
Key Takeaway
Avg time on Rocket Homes in 94947 has remained consistent over time.
Summary: During November 2024, 18 homes were sold in 94947; 0% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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