Is 94134, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94134 is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, 94134 was a Seller's Market.

Key Takeaway

94134 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 94134, CA

How much do homes in 94134, CA cost?

Median Sold Price

$1,050,000

$753/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$10,000(+1.0%)

Key Takeaway

Homes in 94134 have sold for 1% more than they did a year ago.

Summary: The median home sold price in 94134 was $1,050,000 in September 2024, up 1% from last year, and the median price per square foot was $753.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $567.5K$649K
+14.4%
2 $938K$922.5K
-1.7%
3 $1.0M$1.0M
0.0%
4 $1.2M$1.1M
-8.7%
5+ $1.5M$1.5M
+2.8%

Summary: 94134 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.4%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes did not change, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 2.8%.

Median Sold Price Compared To Nearby Zip Codes

94005
+8.2%
94134
+1.0%
94112
-0.5%
94110
-1.5%
94124
-4.5%

Housing Supply in 94134, CA

How many homes are available in 94134, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6162+1.6%

Summary: The 94134 real estate market had 62 homes for sale in September 2024, a 1.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 55
0.0%
2 1923
+21.1%
3 2925
-13.8%
4 77
0.0%
5+ 12
+100.0%

Summary: The 94134 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 21.1%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
209-55.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 9 homes were sold or pending in 94134 in September 2024, down by 55.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 0% 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

Sep 2023Sep 2024CHANGE
19 Days31 Days+60.9%

Summary: Homes in 94134 had an average of 31 days on market in Sep 2024, up by 60.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94134 are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 9 homes were sold in 94134; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in 94134, CA

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