Is 94965, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94965 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 94965 was a Seller's Market.

Key Takeaway

94965 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 94965, CA

How much do homes in 94965, CA cost?

Median Sold Price

$1,389,000

$880/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$281,000(-16.8%)

Key Takeaway

Homes in 94965 have sold for 16.8% less than they did a year ago.

Summary: The median home sold price in 94965 was $1,389,000 in November 2024, down 16.8% from last year, and the median price per square foot was $880.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $678.2K$619.5K
-8.7%
2 $1.0M$1.0M
-1.3%
3 $1.9M$1.9M
+2.9%
4 $2.8M$2.4M
-12.4%
5+ $4.6M$1.6M
-64.8%

Summary: 94965 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes decreased by 64.8%.

Median Sold Price Compared To Nearby Zip Codes

94941
+4.7%
94930
+1.0%
94920
-6.1%
94965
-16.8%

Housing Supply in 94965, CA

How many homes are available in 94965, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3738+2.7%

Summary: The 94965 real estate market had 38 homes for sale in November 2024, a 2.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 65
-16.7%
2 1212
0.0%
3 1011
+10.0%
4 54
-20.0%
5+ 46
+50.0%

Summary: The 94965 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94965, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 94965 in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 94965, 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 94965, CA

Nearby Markets to 94965, CA