Is 94027, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 94027 was a Neutral Market.
Housing Prices in 94027, CA
How much do homes in 94027, CA cost?
Median Sold Price
$7,850,000
$1,802/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94027 was $7,850,000 in March 2024, up 4% from last year, and the median price per square foot was $1,802.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $814.2K | - | N/A |
2 Bedrooms | $3.3M | $2.0M | -37.9% |
3 Bedrooms | $4.0M | $5.4M | +32.4% |
4 Bedrooms | $6.6M | $6.7M | +0.9% |
5+ Bedrooms | $11.2M | $10.8M | -3.8% |
Summary: 94027 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.9%, 3 bedroom homes increased by 32.4%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 3.8%.
Housing Supply in 94027, CA
How many homes are available in 94027, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 29 | +70.6% |
Summary: The 94027 real estate market had 29 homes for sale in March 2024, a 70.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 0 | -100.0% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 10 | 21 | +110.0% |
Summary: The 94027 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 110%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 94027 in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 94027, CA
How long does it take to sell a home in 94027, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 36 Days | +16.5% |
Summary: Homes in 94027 had an average of 36 days on market in Mar 2024, up by 16.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in 94027; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.