Is 94110, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 94110 has remained a Seller's Market.
Key Takeaway
94110 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94110, CA
How much do homes in 94110, CA cost?
Median Sold Price
$1,352,500
$961/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 94110 have sold for 4% less than they did a year ago.
Summary: The median home sold price in 94110 was $1,352,500 in March 2024, down 4% from last year, and the median price per square foot was $961.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $780K | $677K | -13.2% |
| 2 Bedrooms | $1.1M | $1.1M | -4.6% |
| 3 Bedrooms | $1.6M | $1.6M | -2.0% |
| 4 Bedrooms | $1.9M | $2.1M | +10.4% |
| 5+ Bedrooms | $2.1M | $1.7M | -18.4% |
Summary: 94110 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.2%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 18.4%.
Median Sold Price Compared To Nearby Zip Codes
| 94124 | $920K | $910K | -1.1% |
| 94131 | $1.6M | $1.5M | -3.9% |
| 94110 | $1.4M | $1.3M | -4.0% |
| 94103 | $860K | $799K | -7.1% |
| 94114 | $1.8M | $1.6M | -9.7% |
Housing Supply in 94110, CA
How many homes are available in 94110, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 131 | 138 | +5.3% |
Summary: The 94110 real estate market had 138 homes for sale in March 2024, a 5.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 13 | 0.0% |
| 2 Bedrooms | 55 | 53 | -3.6% |
| 3 Bedrooms | 35 | 35 | 0.0% |
| 4 Bedrooms | 16 | 19 | +18.8% |
| 5+ Bedrooms | 12 | 18 | +50.0% |
Summary: The 94110 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 decreased by 3.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 37 | 30 | -18.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94110, you could pay more than the asking price. 43.3% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in 94110 in March 2024, down by 18.9% month-over-month. Of the 30 sold homes, 40% were sold under asking, 17% were sold at asking, and 43% were sold over asking.
Days on Market for 94110, CA
How long does it take to sell a home in 94110, CA?
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 94110 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 30 homes were sold in 94110; 13% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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