Is 94134, 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, 94134 has remained a Seller's Market.
Key Takeaway
94134 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 94134, CA
How much do homes in 94134, CA cost?
Median Sold Price
$1,100,000
$755/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 94134 have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in 94134 was $1,100,000 in April 2024, up 2.3% from last year, and the median price per square foot was $755.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $570K | $755K | +32.5% |
| 2 Bedrooms | $950K | $924.4K | -2.7% |
| 3 Bedrooms | $1.1M | $1.0M | -2.7% |
| 4 Bedrooms | $1.2M | $1.2M | -4.6% |
| 5+ Bedrooms | $1.1M | $1.5M | +33.0% |
Summary: 94134 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.5%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 33%.
Housing Supply in 94134, CA
How many homes are available in 94134, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 47 | 48 | +2.1% |
Summary: The 94134 real estate market had 48 homes for sale in April 2024, a 2.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 94134 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 94134, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 94134 in April 2024, up by 36.4% month-over-month. Of the 15 sold homes, 27% were sold under asking, 7% were sold at asking, and 67% were sold over asking.
Days on Market for 94134, CA
How long does it take to sell a home in 94134, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 50 Days | 28 Days | -42.6% |
Summary: Homes in 94134 had an average of 28 days on market in Apr 2024, down by 42.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 94134 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in 94134; 33% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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