New Upward Trend in Price Cuts for 94028 Zip Code Real Estate Market

The number of price cuts in the 94028 zip code market climbed to eight over the last 30 days, furthering a solid positive trend. Despite drops in list prices, sales also decreased to one home sold. Potential buyers should note that prices are coming down in the 94028 zip code, and for this period the median sales price slid from $2,842,000 to $2,684,000. Along with the slip in sales, a relatively high 13 months of inventory indicates that the 94028 zip code is a definite buyer's market.

With sizeable price reductions to these listings in the 94028 zip code, now is a prime opportunity to see them:

$4.4M   $5M   $2.1M  

Get started right now by checking out 94028 homes for sale or reviewing 94028 real estate trends.

Demographic facts about the 94028 zip code:

  • The median value of all homes in the area is $1,827,500.
  • Average number of rainy days is 60 per year. (U.S. average: 100)
  • The unemployment rate is 7.5%.
  • The student-to-teacher ratio is 14.4:1. (15.3:1 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Pacific Union International
Snapped 1 home in this area
Coldwell Banker
Snapped 1 home in this area
Keller Williams Palo Alto
Snapped 2 homes in this area

Agents that specialize in this area
3 snaps in this area
1 snap in this area
2 snaps in this area
1 snap in this area
1 snap in this area
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