Is 94043, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 94043 has remained a Seller's Market.
Housing Prices in 94043, CA
How much do homes in 94043, CA cost?
Median Sold Price
$1,589,400
$1,093/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94043 was $1,589,400 in April 2024, up 9.4% from last year, and the median price per square foot was $1,093.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $605.5K | $619K | +2.2% |
2 Bedrooms | $1.1M | $1.2M | +11.3% |
3 Bedrooms | $1.6M | $1.7M | +8.0% |
4 Bedrooms | $2.0M | $2.1M | +5.0% |
5+ Bedrooms | $1.7M | $2.3M | +39.9% |
Summary: 94043 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 39.9%.
Median Sold Price Compared To Nearby Zip Codes
94043 | $1.4M | $1.5M | +9.4% |
94040 | $2.3M | $2.5M | +8.5% |
94041 | $2.0M | $2.1M | +2.4% |
94306 | $2.8M | $2.5M | -11.6% |
Housing Supply in 94043, CA
How many homes are available in 94043, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 | 76 | +28.8% |
Summary: The 94043 real estate market had 76 homes for sale in April 2024, a 28.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 13 | +62.5% |
2 Bedrooms | 13 | 18 | +38.5% |
3 Bedrooms | 24 | 30 | +25.0% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 94043 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 62.5%, 2 bedroom homes increased by 38.5%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 27 | +35.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 94043 in April 2024, up by 35.0% month-over-month. Of the 23 sold homes, 17% were sold under asking, 9% were sold at asking, and 74% were sold over asking.
Days on Market for 94043, CA
How long does it take to sell a home in 94043, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 21 Days | +23.4% |
Summary: Homes in 94043 had an average of 21 days on market in Apr 2024, up by 23.4% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in 94043; 81% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.