Is 94115, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94115 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 94115 has remained a Seller's Market.

Key Takeaway

94115 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94115, CA

How much do homes in 94115, CA cost?

Median Sold Price

$1,522,000

$1,038/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$21,500(+1.4%)

Key Takeaway

Homes in 94115 have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in 94115 was $1,522,000 in April 2024, up 1.4% from last year, and the median price per square foot was $1,038.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $875K$766.5K
-12.4%
2 $1.3M$1.2M
-6.2%
3 $1.9M$1.8M
-4.9%
4 $3.2M$3.1M
-2.2%
5+ $4.2M$5.2M
+22.6%

Summary: 94115 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.4%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 22.6%.

Median Sold Price Compared To Nearby Zip Codes

94109
+8.3%
94117
+2.7%
94115
+1.4%
94123
-2.6%

Housing Supply in 94115, CA

How many homes are available in 94115, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8476-9.5%

Summary: The 94115 real estate market had 76 homes for sale in April 2024, a 9.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1010
0.0%
2 2524
-4.0%
3 2119
-9.5%
4 95
-44.4%
5+ 1918
-5.3%

Summary: The 94115 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes decreased by 5.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
19190.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94115, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 94115 in April 2024, the same as the previous month. Of the 19 sold homes, 47% were sold under asking, 11% were sold at asking, and 42% were sold over asking.

Days on Market for 94115, 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 1 Day Ago

Newest Listings in 94115, CA

Nearby Markets to 94115, CA