Is 94904, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94904 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 94904 has remained a Seller's Market.

Key Takeaway

94904 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94904, CA

How much do homes in 94904, CA cost?

Median Sold Price

$2,012,500

$974/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$237,500(+13.4%)

Key Takeaway

Homes in 94904 have sold for 13.4% more than they did a year ago.

Summary: The median home sold price in 94904 was $2,012,500 in March 2024, up 13.4% from last year, and the median price per square foot was $974.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $795K$775K
-2.5%
2 $870K$1.0M
+23.0%
3 $1.7M$1.8M
+4.1%
4 $3.1M$2.9M
-7.5%
5+ $4.0M$3.9M
-3.4%

Summary: 94904 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.5%, 2 bedroom homes increased by 23%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 3.4%.

Median Sold Price Compared To Nearby Zip Codes

94904
+13.4%
94925
0%
94901
-3.1%
94939
-11.2%

Housing Supply in 94904, CA

How many homes are available in 94904, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2337+60.9%

Summary: The 94904 real estate market had 37 homes for sale in March 2024, a 60.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 23
+50.0%
2 88
0.0%
3 612
+100.0%
4 48
+100.0%
5+ 36
+100.0%

Summary: The 94904 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94904, you could pay more than the asking price. 88.9% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 94904 in March 2024, up by 125.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 0% were sold at asking, and 89% were sold over asking.

Days on Market for 94904, 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 24 Days Ago

Newest Listings in 94904, CA

Nearby Markets to 94904, CA