Is 94403, 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, 94403 has remained a Seller's Market.
Housing Prices in 94403, CA
How much do homes in 94403, CA cost?
Median Sold Price
$1,600,000
$1,089/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 94403 was $1,600,000 in April 2024, down 0.7% from last year, and the median price per square foot was $1,089.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $622.5K | $590K | -5.2% |
2 Bedrooms | $1.1M | $1.2M | +9.5% |
3 Bedrooms | $1.6M | $1.6M | -2.4% |
4 Bedrooms | $2.1M | $2.2M | +2.4% |
5+ Bedrooms | $2.4M | $2.6M | +9.6% |
Summary: 94403 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 9.6%.
Housing Supply in 94403, CA
How many homes are available in 94403, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 77 | +22.2% |
Summary: The 94403 real estate market had 77 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 19 | 23 | +21.1% |
3 Bedrooms | 27 | 26 | -3.7% |
4 Bedrooms | 10 | 20 | +100.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 94403 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 21.1%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 25 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 94403 in April 2024, the same as the previous month. Of the 24 sold homes, 17% were sold under asking, 4% were sold at asking, and 79% were sold over asking.
Days on Market for 94403, CA
How long does it take to sell a home in 94403, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 12 Days | -68.8% |
Summary: Homes in 94403 had an average of 12 days on market in Apr 2024, down by 68.8% compared to last year.
Breakdown of Home Sale Times
23 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, 25 homes were sold in 94403; 92% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.