Price Cuts High in 94947 Zip Code Real Estate Market

There were 20 homes sold in the 94947 zip code market over the last 30 days. During the same period, the total number of price reductions was 20, the most since last October. In comparison, the 95476 zip code had 24 price reductions in the same time frame, the most of all nearby zip codes. Furthermore, a six-week upward trend in price reductions is expected to continue over the coming weeks. Potential buyers should note that prices are coming down in the 94947 zip code, and for this period the median sales price slid from $630,000 to $579,500. Even with rising price reductions, a low three months of inventory means the 94947 zip code is still a seller's market.

With sizeable price reductions to these listings in the 94947 zip code, now is a prime opportunity to see them:

$1.2M   $826K   $669K  

Get started right now by checking out 94947 homes for sale or reviewing 94947 real estate trends.

Demographic facts about the 94947 zip code:

  • The population has decreased 1.5% in the last 10 years.
  • The safety rating here is 64. (Scale: 1 = Worst, 100 = Best)
  • People in this area have an average commute to work of 32 minutes.

Data reported through 10/12/2016

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Coldwell Banker Greenbrae
6 reviews
Remax
Snapped 63 homes in this area
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