Is 94618, 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, 94618 has remained a Seller's Market.
Housing Prices in 94618, CA
How much do homes in 94618, CA cost?
Median Sold Price
$1,651,000
$822/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 94618 was $1,651,000 in March 2024, down 5.7% from last year, and the median price per square foot was $822.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $512.5K | $506.9K | -1.1% |
2 Bedrooms | $1.2M | $1.1M | -3.5% |
3 Bedrooms | $1.7M | $1.6M | -5.3% |
4 Bedrooms | $2.3M | $1.9M | -15.5% |
5+ Bedrooms | $2.8M | $2.4M | -14.1% |
Summary: 94618 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 15.5%, and 5+ bedroom homes decreased by 14.1%.
Housing Supply in 94618, CA
How many homes are available in 94618, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 45 | +28.6% |
Summary: The 94618 real estate market had 45 homes for sale in March 2024, a 28.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 8 | 11 | +37.5% |
3 Bedrooms | 12 | 13 | +8.3% |
4 Bedrooms | 6 | 12 | +100.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 94618 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 18 | +260.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 94618 in March 2024, up by 260.0% month-over-month. Of the 18 sold homes, 6% were sold under asking, 6% were sold at asking, and 89% were sold over asking.
Days on Market for 94618, CA
How long does it take to sell a home in 94618, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 22 Days | +8.1% |
Summary: Homes in 94618 had an average of 22 days on market in Mar 2024, up by 8.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in 94618; 94% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.