94518 Zip Code Real Estate Market Extends Downward Trend in Home Prices

In this week's report, the number of homes sold in the 94518 zip code market slid to 23 over the past 30 days. It marked a decrease of 8.0% from last week's report and another period below the monthly average. On the other hand, the close-by 94565 zip code registered 70 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $577,500, extending a four-week long spiral. There is only one month of inventory available in the 94518 zip code, so it's still a definite seller's market, despite the falling prices.

Looking to move to the 94518 zip code, but at an economical price? You may want to start with these low-cost listings:

$210K   $260K   $440K  

Get started right now by checking out 94518 homes for sale or reviewing 94518 real estate trends.

Demographic facts about the 94518 zip code:

  • This area has a total of 10,437 households.
  • The area's unemployment rate is 10.2%.
  • Schools spend an average of $4,997 for each student in this area. ($5,691 = national average)

Data reported through 1/11/2017

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Joseph Real Estate
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Keller Williams Realty
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