94507 Zip Code Real Estate Market Extends Weakness in Price Cuts

On top of a solid downward trend in sellers reducing price, including 13 markdowns over the last 30 days, sales in the 94507 zip code market fell to 13 over the same stretch of time. Months of inventory in the 94507 zip code shot up to four but prices came down, as the median sales price dropped to $1,439,800.

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$2.8M   $3.5M   $2.4M  

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Demographic facts about the 94507 zip code:

  • This area has a population growth rating of 67. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 252.0 physicians.
  • This area has a health cost index score of 115.3. (100 = national average)
  • Residents who travel to work by car account for 78.0% of all commuters, while carpools account for 4.0%, and public transit makes up 5.6%.

Data reported through 10/19/2016

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Joseph Real Estate
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Jordan Realty
Snapped 28 homes in this area
Pacific Union International
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