Is 94158, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94158 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 94158 was a Seller's Market.

Key Takeaway

94158 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 94158, CA

How much do homes in 94158, CA cost?

Median Sold Price

$1,225,000

$1,062/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$103,000(+9.2%)

Key Takeaway

Homes in 94158 have sold for 9.2% more than they did a month ago.

Summary: The median home sold price in 94158 was $1,225,000 in September 2024, up 9.2% from last month, and the median price per square foot was $1,062.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 $714.5K$1.0M
+41.0%
2 $1.1M$1.2M
+9.2%
3 $1.6M-
N/A
4 --
N/A
5+ --
N/A

Summary: 94158 housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes increased by 41%, 2 bedroom homes increased by 9.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 94158, CA

How many homes are available in 94158, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2221-4.5%

Summary: The 94158 real estate market had 21 homes for sale in September 2024, a 4.5% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 78
+14.3%
2 1413
-7.1%
3 10
-100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 94158 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94158, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 94158 in September 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 94158, CA

How long does it take to sell a home in 94158, CA?

Average Sale Time

Aug 2024Sep 2024CHANGE
46 Days93 Days+100.0%

Summary: Homes in 94158 had an average of 93 days on market in Sep 2024, up by 100% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 94158 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 3 homes were sold in 94158; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 11 Days Ago

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