Is 94117, 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, 94117 has remained a Seller's Market.
Key Takeaway
94117 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94117, CA
How much do homes in 94117, CA cost?
Median Sold Price
$1,650,000
$1,010/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 94117 have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in 94117 was $1,650,000 in April 2024, up 2.7% from last year, and the median price per square foot was $1,010.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $826.1K | $700K | -15.3% |
| 2 Bedrooms | $1.4M | $1.2M | -11.6% |
| 3 Bedrooms | $1.7M | $1.7M | +1.3% |
| 4 Bedrooms | $2.4M | $2.6M | +7.3% |
| 5+ Bedrooms | $2.3M | $2.3M | -0.8% |
Summary: 94117 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.3%, 2 bedroom homes decreased by 11.6%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 0.8%.
Median Sold Price Compared To Nearby Zip Codes
| 94118 | $1.8M | $2.0M | +8.6% |
| 94117 | $1.6M | $1.6M | +2.7% |
| 94115 | $1.5M | $1.5M | +1.4% |
| 94131 | $1.6M | $1.5M | -5.0% |
| 94114 | $1.8M | $1.7M | -5.6% |
Housing Supply in 94117, CA
How many homes are available in 94117, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 81 | 79 | -2.5% |
Summary: The 94117 real estate market had 79 homes for sale in April 2024, a 2.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 24 | 24 | 0.0% |
| 3 Bedrooms | 23 | 24 | +4.3% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The 94117 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 remained the same, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94117, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in 94117 in April 2024, up by 25.0% month-over-month. Of the 20 sold homes, 25% were sold under asking, 15% were sold at asking, and 60% were sold over asking.
Days on Market for 94117, CA
We’re sorry, we don't have information for this market at the moment
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