Is 94123, 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, 94123 has remained a Seller's Market.
Key Takeaway
94123 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94123, CA
How much do homes in 94123, CA cost?
Median Sold Price
$2,299,000
$1,181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 94123 have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in 94123 was $2,299,000 in April 2024, down 2.6% from last year, and the median price per square foot was $1,181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $989.9K | $910K | -8.1% |
| 2 Bedrooms | $1.6M | $1.6M | +1.0% |
| 3 Bedrooms | $2.7M | $2.4M | -10.2% |
| 4 Bedrooms | $3.4M | $3.4M | +2.3% |
| 5+ Bedrooms | $4.3M | $4.9M | +15.1% |
Summary: 94123 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.1%, 2 bedroom homes increased by 1%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 15.1%.
Median Sold Price Compared To Nearby Zip Codes
| 94109 | $1.0M | $1.1M | +8.3% |
| 94115 | $1.5M | $1.5M | +1.4% |
| 94123 | $2.3M | $2.2M | -2.6% |
Housing Supply in 94123, CA
How many homes are available in 94123, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 76 | 91 | +19.7% |
Summary: The 94123 real estate market had 91 homes for sale in April 2024, a 19.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 10 | +11.1% |
| 2 Bedrooms | 24 | 31 | +29.2% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 16 | 18 | +12.5% |
| 5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The 94123 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 22 | +144.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94123, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 94123 in April 2024, up by 144.4% month-over-month. Of the 22 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.
Days on Market for 94123, CA
We’re sorry, we don't have information for this market at the moment
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.