Is 94303, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 94303 has remained a Seller's Market.
Housing Prices in 94303, CA
How much do homes in 94303, CA cost?
Median Sold Price
$2,467,500
$1,314/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94303 was $2,467,500 in March 2024, up 33.4% from last year, and the median price per square foot was $1,314.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $535K | - | N/A |
2 Bedrooms | $949K | $845K | -11.0% |
3 Bedrooms | $2.0M | $2.1M | +4.5% |
4 Bedrooms | $3.1M | $3.0M | -3.2% |
5+ Bedrooms | $3.4M | $4.0M | +17.8% |
Summary: 94303 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 17.8%.
Housing Supply in 94303, CA
How many homes are available in 94303, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 76 | +35.7% |
Summary: The 94303 real estate market had 76 homes for sale in March 2024, a 35.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 12 | 14 | +16.7% |
3 Bedrooms | 16 | 25 | +56.3% |
4 Bedrooms | 16 | 22 | +37.5% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The 94303 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 56.3%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 22 | +46.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 94303 in March 2024, up by 46.7% month-over-month. Of the 22 sold homes, 23% were sold under asking, 18% were sold at asking, and 59% were sold over asking.
Days on Market for 94303, CA
How long does it take to sell a home in 94303, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
35 Days | 21 Days | -39.6% |
Summary: Homes in 94303 had an average of 21 days on market in Mar 2024, down by 39.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in 94303; 86% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.