Is 94951, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94951 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 94951 has remained a Seller's Market.

Key Takeaway

94951 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94951, CA

How much do homes in 94951, CA cost?

Median Sold Price

$760,225

$385/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$89,775(-10.6%)

Key Takeaway

Homes in 94951 have sold for 10.6% less than they did a month ago.

Summary: The median home sold price in 94951 was $760,225 in November 2024, down 10.6% from last month, and the median price per square foot was $385.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.1M$720.2K
-38.7%
4 $815K$910.5K
+11.7%
5+ --
N/A

Summary: 94951 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 38.7%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

95442
+243.7%
94931
+16.2%
94951
-10.6%

Housing Supply in 94951, CA

How many homes are available in 94951, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1921+10.5%

Summary: The 94951 real estate market had 21 homes for sale in November 2024, a 10.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1211
-8.3%
4 45
+25.0%
5+ 12
+100.0%

Summary: The 94951 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 increased by 50%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94951, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 94951 in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for 94951, 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 17 Days Ago

Newest Listings in 94951, CA

Nearby Markets to 94951, CA