Is 94903, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94903 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 94903 has remained a Seller's Market.

Key Takeaway

94903 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94903, CA

How much do homes in 94903, CA cost?

Median Sold Price

$1,131,666

$673/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$118,333(-9.5%)

Key Takeaway

Homes in 94903 have sold for 9.5% less than they did a year ago.

Summary: The median home sold price in 94903 was $1,131,666 in April 2024, down 9.5% from last year, and the median price per square foot was $673.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $395K$375K
-5.1%
2 $681K$572K
-16.0%
3 $1.1M$1.1M
+3.5%
4 $1.7M$1.5M
-8.9%
5+ $2.0M$1.6M
-18.5%

Summary: 94903 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes decreased by 16%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes decreased by 18.5%.

Median Sold Price Compared To Nearby Zip Codes

94960
+3.2%
94901
-3.3%
94947
-5.5%
94903
-9.5%
94949
-14.5%

Housing Supply in 94903, CA

How many homes are available in 94903, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
78100+28.2%

Summary: The 94903 real estate market had 100 homes for sale in April 2024, a 28.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1924
+26.3%
2 2927
-6.9%
3 1412
-14.3%
4 1328
+115.4%
5+ 39
+200.0%

Summary: The 94903 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 26.3%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 115.4%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2219-13.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94903, you could pay more than the asking price. 63.2% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in 94903 in April 2024, down by 13.6% month-over-month. Of the 19 sold homes, 26% were sold under asking, 11% were sold at asking, and 63% were sold over asking.

Days on Market for 94903, CA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 7 Days Ago

Newest Listings in 94903, CA

Nearby Markets to 94903, CA