New Weakness in New Listings for 94551 Zip Code Real Estate Market

Over the last 30 days, an established downward trend of new sellers coming into the 94551 zip code market continued, with 17 listings in this week's report. Meanwhile, sales fell, with 34 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. The median sales price dropped to $609,950, down from last week's $622,537. There is only one month of inventory available in the 94551 zip code, so it's a solid seller's market, even with the decrease in sales.

If you're looking for a large number of bathrooms, take a look at these three homes in the 94551 zip code that offer the most of all available listings:

$785K   $899K   $1M  

Get started right now by checking out 94551 homes for sale or reviewing 94551 real estate trends.

Demographic facts about the 94551 zip code:

  • 29.5% of the people living here rent their homes.
  • 10-year job market growth is projected to be 34.9%.
  • This area has an average school expenditure per student of $4,665. ($5,691 = national average)

Data reported through 1/12/2017

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Re/Max Accord
Snapped 168 homes in this area
Millennium Realty
Snapped 4 homes in this area
United Realty And Mortgage Corporation
Snapped 1 home in this area

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