New Weakening in Home Prices for 94705 Zip Code Real Estate Market

In this week's report, the number of homes sold in the 94705 zip code market fell to seven over the past 30 days, a decrease of 12.5% from last week's report. On the other hand, the close-by 94611 zip code registered 32 homes sold in the same period, the most of all surrounding zip codes. The median sales price continued to fall, trending downwards for four weeks to reach $1,455,000. In spite of the falling prices, a low one month of inventory signals that the 94705 zip code is still a definite seller's market.

Looking for an affordable home? Check out these inexpensive listings in the 94705 zip code:

$690K   $749K   $1M  

Get started right now by checking out 94705 homes for sale or reviewing 94705 real estate trends.

Demographic facts for the 94705 zip code:

  • 50.4% of the people living here own their homes.
  • For every teacher there are 16.9 students in this area. (15.3 = national average)

Data reported through 1/11/2017

Comments:

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Climb Real Estate Group
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Pacific Union International
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Red Oak Realty
Snapped 18 homes in this area

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