94306 Zip Code Real Estate Market Sees Sales Decline

In this week's report, the number of homes sold in the 94306 zip code market fell to 14 over the past 30 days. It marked a decrease of 12.5% from last week's report and a fall below the monthly average. Meanwhile, the 94025 zip code reported 27 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 94306 zip code, and for this period the median sales price slid from $2,491,500 to $2,315,000. Despite the slip in sales, a relatively low one month of inventory indicates that the 94306 zip code is a definite seller's market.

If you're looking for a large number of bathrooms, take a look at these three homes in the 94306 zip code that offer the most of all available listings:

$7M   $2M   $2.9M  

Get started right now by checking out 94306 homes for sale or reviewing 94306 real estate trends.

Demographic facts for the 94306 zip code:

  • The average elevation in this area is 135 feet.
  • The median income per household is $92,690 in the area.
  • The student per counselor ratio in this area is 683:1. (513:1 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Better Homes and Gardens Real Estate J.F. Finnegan
5 reviews
Keller Williams Palo Alto
Snapped 1 home in this area
Keller Williams Palo Alto
Snapped 48 homes in this area

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