Is 94124, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 94124 was a Neutral Market.
Housing Prices in 94124, CA
How much do homes in 94124, CA cost?
Median Sold Price
$900,000
$626/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94124 was $900,000 in April 2024, down 2.2% from last year, and the median price per square foot was $626.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $562K | $453.2K | -19.4% |
2 Bedrooms | $800K | $789K | -1.4% |
3 Bedrooms | $1.0M | $915K | -9.3% |
4 Bedrooms | $1.1M | $1.0M | -9.4% |
5+ Bedrooms | $1.1M | $1.1M | -0.7% |
Summary: 94124 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.4%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in 94124, CA
How many homes are available in 94124, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 60 | +17.6% |
Summary: The 94124 real estate market had 60 homes for sale in April 2024, a 17.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 11 | +37.5% |
2 Bedrooms | 26 | 26 | 0.0% |
3 Bedrooms | 9 | 14 | +55.6% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 94124 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes remained the same, 3 bedroom homes increased by 55.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 94124 in April 2024, up by 10.0% month-over-month. Of the 10 sold homes, 10% were sold under asking, 10% were sold at asking, and 80% were sold over asking.
Days on Market for 94124, CA
How long does it take to sell a home in 94124, CA?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in 94124; 18% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.