Is 94015, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 94015 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 94015 has remained a Seller's Market.

Key Takeaway

94015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 94015, CA

How much do homes in 94015, CA cost?

Median Sold Price

$1,194,629

$820/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$36,629(+3.2%)

Key Takeaway

Homes in 94015 have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in 94015 was $1,194,629 in November 2024, up 3.2% from last year, and the median price per square foot was $820.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $505K$499K
-1.2%
2 $930.5K$821K
-11.8%
3 $1.1M$1.2M
+1.7%
4 $1.3M$1.3M
+1.9%
5+ $1.4M$1.5M
+4.5%

Summary: 94015 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Zip Codes

94132
+9.6%
94080
+7.2%
94015
+3.2%
94014
-1.0%
94044
-1.2%

Housing Supply in 94015, CA

How many homes are available in 94015, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5748-15.8%

Summary: The 94015 real estate market had 48 homes for sale in November 2024, a 15.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 78
+14.3%
2 118
-27.3%
3 2621
-19.2%
4 99
0.0%
5+ 42
-50.0%

Summary: The 94015 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 27.3%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1814-22.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 94015, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 94015 in November 2024, down by 22.2% month-over-month. Of the 14 sold homes, 21% were sold under asking, 14% were sold at asking, and 64% were sold over asking.

Days on Market for 94015, CA

How long does it take to sell a home in 94015, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days48 Days+128.8%

Summary: Homes in 94015 had an average of 48 days on market in Nov 2024, up by 128.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 94015 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 14 homes were sold in 94015; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

Newest Listings in 94015, CA

Nearby Markets to 94015, CA