94587 Zip Code Real Estate Market Slumps to Downward Trend in New Listings

Over the last 30 days, an established downward trend of new sellers coming into the 94587 zip code market continued, with 26 listings in this week's report. Meanwhile, sales fell, with 42 homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. As new listings trended lower the average selling price followed the pattern, hitting a nine-month low at $661,000. There is only one month of inventory available in the 94587 zip code, so it's still a definite seller's market, despite the falling prices.

If you don't want to spend too much for a home, start by taking a look a these affordable listings in the 94587 zip code:

$339K   $369K   $449K  

Get started right now by checking out 94587 homes for sale or reviewing 94587 real estate trends.

Demographic facts about the 94587 zip code:

  • The percentage of people who own their homes is 64.2%.
  • There are 20.5 students for every teacher. (15.3 = national average)

Data reported through 1/11/2017

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