Home Sales Down in 94062 Zip Code Real Estate Market

In this week's report, the number of homes sold in the 94062 zip code market fell to 29 over the past 30 days, a decrease of 6.5% from last week's report, but still above the monthly average. In comparison, the nearby 94010 zip code had 41 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $1,460,000 over the latest reporting period for the 94062 zip code, down from $1,498,000. In spite of the decrease in sales, a low two months of inventory signals that the 94062 zip code is a definite seller's market.

If a home with lots of bedrooms is what you want, then be sure to go see these listings in the 94062 zip code:

$40M   $12.9M   $2.1M  

Get started right now by checking out 94062 homes for sale or reviewing 94062 real estate trends.

Demographic facts about the 94062 zip code:

  • The median value of all homes in the area is $1,100,000.
  • Average number of rainy days is 60 per year. (U.S. average: 100)
  • The unemployment rate for this area is 7.5%.
  • There are 17.7 students for every teacher. (15.3 = national average)

Data reported through 10/13/2016


Ask a local expert about this area:
Better Homes and Gardens Real Estate J.F. Finnegan
5 reviews
Keller Williams Palo Alto
Snapped 6 homes in this area
Keller Williams Realty - Cupertino
Snapped 1 home in this area

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