Is 94111, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94111 is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, 94111 was a Buyer's Market.

Key Takeaway

94111 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94111, CA

How much do homes in 94111, CA cost?

Median Sold Price

$995,000

$982/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$290,000(-22.6%)

Key Takeaway

Homes in 94111 have sold for 22.6% less than they did a year ago.

Summary: The median home sold price in 94111 was $995,000 in May 2024, down 22.6% from last year, and the median price per square foot was $982.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $940K$635K
-32.4%
2 $1.3M$1.3M
-0.1%
3 $2.1M$2.5M
+17.6%
4 -$2.6M
N/A
5+ --
N/A

Summary: 94111 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.4%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 17.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

94105
+4.8%
94133
+2.9%
94111
-22.6%

Housing Supply in 94111, CA

How many homes are available in 94111, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2221-4.5%

Summary: The 94111 real estate market had 21 homes for sale in May 2024, a 4.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1111
0.0%
2 108
-20.0%
3 12
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 94111 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94111, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 94111 in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for 94111, CA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 3 Days Ago

Newest Listings in 94111, CA

Nearby Markets to 94111, CA