New Upward Trend in New Listings for 94040 Zip Code Real Estate Market

With an emerging upward trend of new sellers listing homes, including 29 over the last 30 days, and sales that have fallen to 18 in that same time frame, the 94040 zip code market will be more selective. As more new listings came into the market, prices have been increasing. The median sales price hit $1,775,000, extending an eight-week long spike. There is only one month of inventory available in the 94040 zip code, so it's a definite seller's market, even with the decrease in sales.

If you want to see the best homes the 94040 zip code has to offer, check out these impressive listings:

$4M   $3M   $2.8M  

Get started right now by checking out 94040 homes for sale or reviewing 94040 real estate trends.

Demographic facts for the 94040 zip code:

  • This area has an average elevation of 135 feet.
  • The median income for the homes in this area is $78,290.
  • For every counselor there are 1,258 students in this area. (513 = national average)

Data reported through 10/12/2016

Comments:

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Better Homes and Gardens Real Estate J.F. Finnegan
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Coldwell Banker
Snapped 3 homes in this area
Keller Williams Palo Alto
Snapped 2 homes in this area

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