Is 94105, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94105 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 94105 was a Seller's Market.

Key Takeaway

94105 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 94105, CA

How much do homes in 94105, CA cost?

Median Sold Price

$1,387,000

$1,130/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$74,500(+5.7%)

Key Takeaway

Homes in 94105 have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in 94105 was $1,387,000 in March 2024, up 5.7% from last year, and the median price per square foot was $1,130.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $825.4K$755K
-8.5%
2 $1.6M$1.5M
-0.4%
3 $3.0M$2.3M
-21.2%
4 $3.5M$5.4M
+53.5%
5+ --
N/A

Summary: 94105 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 21.2%, 4 bedroom homes increased by 53.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

94105
+5.7%
94111
-2.3%
94107
-5.6%
94133
-11.4%

Housing Supply in 94105, CA

How many homes are available in 94105, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
109115+5.5%

Summary: The 94105 real estate market had 115 homes for sale in March 2024, a 5.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 2834
+21.4%
2 6366
+4.8%
3 1714
-17.6%
4 00
0.0%
5+ 11
0.0%

Summary: The 94105 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.4%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
158-46.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94105, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 94105 in March 2024, down by 46.7% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 94105, CA

How long does it take to sell a home in 94105, CA?

Average Sale Time

Mar 2023Mar 2024CHANGE
204 Days39 Days-80.9%

Summary: Homes in 94105 had an average of 39 days on market in Mar 2024, down by 80.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 94105 has remained consistent over time.

Summary: During March 2024, 8 homes were sold in 94105; 0% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in 94105, CA

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